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Ringgit closes higher against greenback on expectation US rate hike cycle is over

KUALA LUMPUR, Dec 4 The ringgit closed higher against the US dollar today on the expectation that US interest rate hikes are over after dovish comments by US Federal Reserve. ....

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Ringgit closes higher against greenback on expectation us rate hike cycle is over

KUALA LUMPUR: The ringgit closed higher against the US dollar today on the expectation that US interest rate hikes are over after dovish comments by US Federal Reserve (Fed) chairman Jerome Powell on Friday. ....

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US economic data to set direction for ringgit this week; expected to oscillate around RM4.67 to RM4.68

The foreign exchange market is predicted to remain cautious as it enter the first week of December, with all eyes on major data points such as the US Nonfarm Payroll (NFP) and Unemployment Rate, which will be critical for ringgit-US dollar performance. ....

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