Ringgit Stages Rebound on Prospects of US Federal Reserve Rate Cut
===============
#e283bda6 ver:0.32
The Malaysian ringgit has rebounded on the prospect of a US Federal Reserve rate cut, supported by higher oil prices and positive market sentiment. Bank Negara Malaysia defends the ringgit's assessment and is working to preserve stability. Analysts predict further strengthening as the US Fed eases rates and Malaysia's economy improves. Despite recent slip, BNM assures no capital controls or restrictions. #Ringgit #FederalReserve #Economy...
#newstr #Ringgit #UsFederalReserve #InterestRates #Rebound #Prospects
https://here.news/story/e283bda6?ver=0.32
Ringgit Expected to Strengthen in 2024, Analysts Say /
npub18f…hqwmt
2024-05-20 01:53:46
Author Public Key
npub18flgef8h36z5d6jp27wrk66v4rddtjq498ewyymq3x2696nw8lasshqwmtPublished at
2024-05-20 01:53:46Event JSON
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"content": "Ringgit Stages Rebound on Prospects of US Federal Reserve Rate Cut\n===============\t\n#e283bda6 ver:0.32\n\nThe Malaysian ringgit has rebounded on the prospect of a US Federal Reserve rate cut, supported by higher oil prices and positive market sentiment. Bank Negara Malaysia defends the ringgit's assessment and is working to preserve stability. Analysts predict further strengthening as the US Fed eases rates and Malaysia's economy improves. Despite recent slip, BNM assures no capital controls or restrictions. #Ringgit #FederalReserve #Economy...\n\n#newstr #Ringgit #UsFederalReserve #InterestRates #Rebound #Prospects \n\n https://here.news/story/e283bda6?ver=0.32",
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