Ringgit Slips as Strong US Dollar Weighs on Demand
===============
#e283bda6 ver:0.35
The ringgit has slipped against the US dollar as concerns over the Federal Reserve's monetary policy dampen demand. However, the positive outlook for the ringgit remains intact, with expectations of rate cuts by the Fed and stable domestic indicators driving Asian currency strength. Bank Negara Malaysia defends the ringgit's assessment, highlighting its strength against other currencies. Malaysia's strong economic fundamentals and positive investor sentiment support the ringgit's resilience. Bank Negara Malaysia assures that it is not considering capital controls or restrictions. #Ringgit #USdollar #FederalReserve #currency #economy...
#newstr #Ringgit #FederalReserve #RateCutHopes #InvestorSentiment #UsDollar #Demand
https://here.news/story/e283bda6?ver=0.35
Ringgit Expected to Strengthen in 2024, Analysts Say /
npub18f…hqwmt
2024-05-23 01:55:22
Author Public Key
npub18flgef8h36z5d6jp27wrk66v4rddtjq498ewyymq3x2696nw8lasshqwmtPublished at
2024-05-23 01:55:22Event JSON
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"content": "Ringgit Slips as Strong US Dollar Weighs on Demand\n===============\t\n#e283bda6 ver:0.35\n\nThe ringgit has slipped against the US dollar as concerns over the Federal Reserve's monetary policy dampen demand. However, the positive outlook for the ringgit remains intact, with expectations of rate cuts by the Fed and stable domestic indicators driving Asian currency strength. Bank Negara Malaysia defends the ringgit's assessment, highlighting its strength against other currencies. Malaysia's strong economic fundamentals and positive investor sentiment support the ringgit's resilience. Bank Negara Malaysia assures that it is not considering capital controls or restrictions. #Ringgit #USdollar #FederalReserve #currency #economy...\n\n#newstr #Ringgit #FederalReserve #RateCutHopes #InvestorSentiment #UsDollar #Demand \n\n https://here.news/story/e283bda6?ver=0.35",
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