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Ringgit Ends Lower Against US Dollar Amid Weaker US Manufacturing Sector
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#e283bda6 ver:0.57

The ringgit weakened against the US dollar due to weaker demand in the US manufacturing sector, as indicated by the PMI. The decline is attributed to companies being hesitant to invest in capital and inventory due to the US Federal Reserve's restrictive monetary policy. However, the ringgit performed better against other major currencies and was stronger against ASEAN peers. #Ringgit #USD #manufacturing #economy...

#newstr #Ringgit #UsDollar #ExchangeRate #Economy #Currency

https://here.news/story/e283bda6?ver=0.57