As hopes for a Fed rate cut continue to dwindle, the Ringgit gains support from a strengthening US dollar.

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KUALA LUMPUR: The ringgit eased further in early trade on Friday in the wake of strong economic data supporting the US dollar.

Follow us on our official WhatsApp channel for breaking news alerts and key updates! Q1FYE2024 PATMI of RM30.53mil with three new projects valued at RM1.

The local note traded mixed against ASEAN currencies.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesiaJapanSingapore

Topics: US dollar Opening PMI Ringgit Forex /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-24 @ 09:32:00 (1 months ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 290 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21070893

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 48 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 56 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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