Ringgit ends higher vs US dollar after Trump's inauguration speech

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KUALA LUMPUR: The ringgit ended higher against the US dollar today, primarily driven by the United States (US) President Donald Trump's inauguration speech, said an economist.

"We think the current administration would not want to sabotage its own economy at a time when the unemployment and inflation rate are low.

At the close, the ringgit traded mostly higher against other major currencies.

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Category: EconomyBusiness

Markets: MalaysiaChinaIndonesiaJapanPhilippinesSingaporeUnited States

Topics: Forex /Business/Business News Ringgit Inauguration US dollar Donald Trump Mohd Afzanizam Abdul Rashid Tariff

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 18:57:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 386 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 25316441

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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