BSP's inflation outlook remains 'broadly unchanged', with 2025 inflation forecast at 1.7 per cent
Analyst says a September rate cut by the US Federal Reserve looks likely
Rate cut likely at FOMC meeting in September, says economist
KUALA LUMPUR, May 17 — The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, Nov 8 — The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.
KUALA LUMPUR, Sept 20 — The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.
KUALA LUMPUR, Sept 3 — The ringgit opened marginally higher against the US dollar as market participants await several key economic data and events this week.
SYDNEY, May 28 — Asian shares held a mixed tone today after rallying the previous session, as rising bets of an imminent European rate cut helped risk appetite ahead of some key inflation data.
KUALA LUMPUR, Nov 28 — The ringgit closed higher against the US dollar today driven by weak United States (US) housing data released in a joint report by the US Department of Housing and Urban Development and US Census Bureau yesterday.
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