The Star·3 min read·medium
Ringgit rises as Fed minutes weigh on US$
T
The Star Online
✦AI Summary
The Malaysian ringgit strengthened against the US dollar following the release of Federal Reserve minutes that revealed internal division regarding future interest rate hikes. Investors are now awaiting the Bank Negara Malaysia's upcoming monetary policy decision amidst regional geopolitical uncertainty.
KUALA LUMPUR: The ringgit opened firmer against the US dollar on Thursday as the greenback weakened after the release of minutes from the US Federal Open Market Committee (FOMC) meeting.
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