Ringgit Expected to Strengthen in 2024, Analysts Say on Nostr: Ringgit Slips as Strong US Dollar Weighs on Demand =============== #e283bda6 ver:0.35 ...
Ringgit Slips as Strong US Dollar Weighs on Demand
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#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
===============
#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