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2024-05-08 12:02:31

Ringgit Gains Ground Against US Dollar Amid DXY Decline on Nostr: Ringgit Ends Lower Against US Dollar Amidst Mixed Economic Data and Rate Cut ...

Ringgit Ends Lower Against US Dollar Amidst Mixed Economic Data and Rate Cut Anticipation
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#edbf6f6a ver:1.12

The ringgit ended lower against the US dollar amidst mixed economic data and anticipation of a rate cut by the US Federal Reserve. The ringgit traded higher against major currencies, except the Indonesian rupiah, and remains fairly stable. The US Dollar Index strengthened, causing regional currencies to depreciate. Traders are looking ahead to next week's inflation data to determine the dollar's next move. #Ringgit #USDollar #EconomicData #RateCut #CurrencyExchange...

#newstr #Ringgit #UsDollar #ForeignExchange #Currency #Economy

https://here.news/story/edbf6f6a?ver=1.12
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