Tag: Malaysian Economy
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Ringgit Dips Against USD but Rises Against Major Currencies Amid Geopolitical Tears and Fed Pressure
Ringgit Ties to Global Cues as USD Pressure Persists The Malaysian ringgit opened the trading session lower against the US dollar, reflecting cautious risk sentiment among investors amid ongoing geopolitical tensions and renewed expectations of Federal Reserve policy moves. Traders monitored headlines as geopolitical risk remained a volatile backdrop, while the Fed faced renewed calls…
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Ringgit Opens Higher on Fed Minutes, but Upside Limited in 2025 Year-End Trade
Ringgit Opens Higher as Fed Minutes Signal Slower Rate Hikes The ringgit edged higher on the last trading day of 2025, edging up against the US dollar as markets digested the latest signals from the Federal Reserve. Minutes from the Federal Open Market Committee (FOMC) released overnight suggested a more cautious stance on future rate…