Ringgit ends lower as US election results unfold

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The story "Ringgit ends lower as US election results unfold" was covered 2 weeks ago by The Star, a news publisher based in Malaysia.

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The Star 2w ago

Ringgit ends lower as US election results unfold - The Star

Quick Summary:

KUALA LUMPUR: The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist.

"We believe the Fed might want to cut the Federal Funds Rate this week and perhaps in December,” he told Bernama.

"For now, a high degree of uncertainty would mean demand for the US dollar and therefore, we will see (trading in) the ringgit remain guarded,” he added.