KUALA LUMPUR, Aug 26 — The ringgit opened stronger at 4.35 against the US dollar, hitting almost a 28-month high, as the US Federal Reserve (Fed) appeared on track for an interest rate cut, said an analyst.

KUALA LUMPUR, Aug 24 — The ringgit is expected to strengthen against the US dollar next week, driven by signals from the US Federal Reserve (US Fed) suggesting potential interest rate cuts in September.

KUALA LUMPUR, Aug 23 — The ringgit remained well-supported against the US dollar, closing the trading week at the 4.37 level.

KUALA LUMPUR, Aug 23 — The ringgit opened marginally higher against the US dollar today, ahead of the US Federal Reserve (Fed) chairman Jerome Powell’s speech later today at the Jackson Hole Symposium.

KUALA LUMPUR, Aug 20 — The ringgit continued its appreciation against the US dollar today as investors are bullish on the expectations that the US Federal Reserve (US Fed) will cut interest rates.

KUALA LUMPUR, Aug 17 — The ringgit is expected to stay at the current levels of 4.43 to 4.45 against the greenback next week amid caution as a series of US Federal Reserve (US Fed) officials will speak publicly on the United States economy.

KUALA LUMPUR, July 30 — The ringgit’s winning streak continued today for the seventh straight day amid greater confidence in the United States’ (US) rate cut decision.

KUALA LUMPUR, July 19 — RAM Ratings Services Bhd projects the Malaysian bond market to likely gain support in July with a “stronger chance” of the United States (US) Federal Reserve (US Fed) cutting interest rates.

KUALA LUMPUR, July 11 — The ringgit has strengthened against the US dollar in the early trade today, buoyed by expectations of a global interest rate cut, which has been dampening sentiment towards the greenback.

KUALA LUMPUR, July 10 — The ringgit was slightly higher against the United States (US) dollar in early trade today while steady demand continued to provide support for the greenback.

LONDON, July 10 — Oil prices rebounded today following three days of declines after an industry report showed the United States' (US) crude and fuel stockpiles falling last week, indicating steady demand and the outlook for interest rate cuts improved.

KUALA LUMPUR, July 3 — The ringgit closed marginally higher against the greenback on Wednesday as the United States (US) Dollar Index slipped slightly to 105.641 points following US Federal Reserve chairman Jerome Powell's acknowledgement that the United States is back on a disinflationary trajectory.

KUALA LUMPUR, May 18 — The ringgit is expected to trade in a narrow range of 4.67 to 4.69 against the US dollar next week due to the absence of key economic data, said Kenanga Investment Bank Bhd.

KUALA LUMPUR, May 15 — The ringgit strengthened further against the US dollar at the close following US Federal Reserve's (US Fed) chair Jerome Powell’s comment on interest rate.

KUALA LUMPUR, March 14 — The ringgit closed marginally higher against the US dollar today, supported by positive sentiment of a potential interest rate increase by the Bank of Japan in the near term.

KUALA LUMPUR, March 8 — The ringgit extended its uptrend to end the week firmer against the US dollar today, lifted by improved sentiments amid hopes for easier global monetary policies this year.

KUALA LUMPUR, March 7 — The ringgit continued to strengthen against the US dollar today after the US Dollar Index (DXY) retreated in anticipation of easier monetary policy in the United States (US) this year.

KUALA LUMPUR, March 6 — The ringgit rebounded to end marginally higher against the greenback today as the US Dollar Index (DXY) retreated amid cautious sentiment in the United States (US).

KUALA LUMPUR, Nov 10 — The ringgit extended its downtrend to close lower today against the greenback for the fourth consecutive day following US Federal Reserve (US Fed) chairman Jerome Powell’s hawkish tone in his statement on US monetary policy yesterday.

KUALA LUMPUR, NOV 10 — The ringgit led losses among emerging Asian currencies and stock markets retreated on Friday, as the United States (US) Treasury yields surged after the Federal Reserve chair said officials were "not confident" interest rates were high enough to defeat inflation.