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KUALA LUMPUR: The ringgit ended lower against the US dollar as the greenback strengthened following higher-than-expected US nonfarm payroll (NFP) data, said an analyst. ....
KUALA LUMPUR: Ongoing coordinated efforts by government-linked companies (GLCs), government-linked investment companies (GLICs), Malaysian corporates and businesses have strengthened the ringgit, Bank Negara Malaysia (BNM) said today. ....
Many analysts and fund managers have been anticipating that the dollar would fall this year as the Fed starts to cut interest rates, but rate-cut expectations have been trimmed back sharply recently. US elections and geopolitical uncertainty could also lift the currency. ....