USD

Ringgit charts 2.7% overall increase against USD in 2024

Stronger performance driven by expectations of smaller US federal rate cut this year and policy uncertainties under Trump administration

Ringgit rises further against US Dollar at the close

Concerns over US tariff hikes and expectations of stable Federal Reserve interest rates influenced market sentiment

Ringgit inches up slightly against USD to 4.375

Analyst says today’s FOMC meeting outcome will be revealed Thursday and if the Fed Fund Rate will stay at 4.50%

Ringgit opens lower at 4.459-level as USD strengthens

However, it trades higher against other major currencies like British pound, euro

Ringgit slips against USD at the close

Economist cites high demand for the US dollar as uncertainties drive investors toward safer assets
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