Ringgit Maintains Uptrend Against US Dollar In Anticipation Of Fed Rate Cut

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit has been on a uptrend against the US dollar today, moving to its highest close since Feb 2, 2023 at the close of trading today.  

Ringgit Opens Easier Vs USD Ahead Of US Fed Meeting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened lower against the US dollar today, as market participants adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee’s (FOMC) decision on interest rate cuts.

Foreign Investors Netted RM217.6 Mln In Equities Last Week – MIDF

KUALA LUMPUR, Sept 17 (Bernama) -- Foreign investors continued to reposition their funds ahead of the US Federal Reserve’s anticipated easing this week, net buying RM217.6 million during 9-13 September, marking the fifth consecutive week of net purchases.