| LATEST NEWS | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | ACCCIM urges govt to introduce export credit schemes and reduce import duties on raw materials to help SMEs adapt to new trade policies by major economies | Parliament opening ceremony: King's address filled with messages, must be understood by both gov't and opposition MPs - Fahmi | Firm action through diplomatic, legal and defence channels must be taken to safeguard sovereignty rights and national interests - King | King urges people to be cautious to avoid falling victim to cybercrimes such as financial fraud and identity theft | |
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.
