The Star Online on Nostr: nostr:note1nmc4tpkqwxjzwn8nangajjsj60s85k5v3d3uc2fshaec40tq44fq9ykhq3

quoting note1nmc…khq3

Ringgit Strengthens as US Interest Rate Reversal Boosts Emerging Market Currencies
===============
#e283bda6 ver:0.74

The #ringgit strengthens against the US dollar as US interest rate reversal boosts emerging market currencies. Repricing of rate cuts in the US has created a favorable environment for the ringgit, reaching a six-month high. Forex markets now price in a US Fed interest rate cut by September, contributing to the ringgit's recent gains. #currency #economy...

#newstr #Ringgit #UsInterestRateReversal #EmergingMarkets #Currency

https://here.news/story/e283bda6?ver=0.74