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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.
Global Warming ClImate Change Mega Death Trend :: The Market Oracle ::
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.
Media Elite Belittle Inflation Struggles of Ordinary Americans :: The Market Oracle ::