Ringgit Flat As Market Watches Trump’s Fed Remarks, Gains Against Major Currencies

Quick Summary:

The ringgit opened marginally higher against the US dollar this morning, trading at RM4.3825/4150 at 8am, compared to Tuesday’s close of RM4.3835/3905.

The local unit’s direction remains influenced by shifting sentiment over recent remarks by US President Donald Trump regarding Federal Reserve Chair Jerome Powell.

Against ASEAN currencies, the ringgit showed a mixed performance.

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Article Details

Category: InvestingBusiness

Markets: MalaysiaIndonesiaJapanSingapore

Topics: Ringgit update Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 01:21:55 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

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Sentences: 16 lines

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