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2024-04-26 12:03:50

Ringgit Gains Ground Against US Dollar Amid DXY Decline on Nostr: Ringgit Ends Firmer Against US Dollar Amid Lower-than-Expected US GDP Data ...

Ringgit Ends Firmer Against US Dollar Amid Lower-than-Expected US GDP Data
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#edbf6f6a ver:1.0

The ringgit ended the week stronger against the US dollar due to lower-than-expected US GDP data. The US economy grew by 1.6% in Q1, below the forecast of 2.5%. This has reignited hopes for an interest rate cut in the US. The ringgit also traded higher against major currencies, including the pound, yen, and euro. #Ringgit #USD #GDP #InterestRateCut...

#newstr #Ringgit #UsDollar #ForexMarket #Economy #InterestRates

https://here.news/story/edbf6f6a?ver=1.0
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