Tag: Fed hold rates


  • Ringgit slips as Fed holds rates, dollar gains ground

    Ringgit slips as Fed holds rates, dollar gains ground

    Ringgit retreats after Fed decision boosts dollar The Malaysian ringgit finished lower against the US dollar on Tuesday after the United States Federal Reserve decided to hold rates, renewing demand for the greenback. Traders cited a cautious appetite across global markets as investors digest the central bank’s stance and its implications for interest rate trajectories…