Ringgit opens higher on rising US rate cut expectations

NST Wed, Aug 27, 2025 08:25am - 1 day View Original

The ringgit opened higher against the US dollar, supported by growing expectations of a US interest rate cut amid weakening consumer confidence and concerns over higher prices from escalating tariffs. STR/NABILA ADLINA AZAHARI

KUALA LUMPUR: The ringgit opened higher against the US dollar, supported by growing expectations of a US interest rate cut amid weakening consumer confidence and concerns over higher prices from escalating tariffs.

At 8am, the local currency appreciated to 4.2060/2265 compared with Tuesday's close of 4.2160/2210.

More to come

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.

Comments