Ringgit jumps 225 basis points at opening on mixed US economic data, possibility of rate cut
KUALA LUMPUR, May 3 ― The ringgit gained 225 basis points and strengthened against the US dollar subsequent to the United States' (US) release of mixed economic data and investors' anticipation of an interest rate cut based on the Federal Open Market Committee (FOMC) meeting earlier this week.
……Read full article on Malay Mail Online - Money
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