Ringgit set to extend gains on recovering exports, Fed rate cuts

Quick Summary:

The ringgit has been the top performer in Asia against the US dollar behind the Hong Kong currency this quarter.

Still, there have been headwinds for the currency in 2024.

It was also unchanged against the Singapore currency, at 3.4781 per Singapore dollar.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaHong KongMalaysia

Topics: Exports Ringgit Been Singapore 2024 Dollar Rate Second June Performer Currency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 15:17:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © The Straits Times

News ID: 21409388

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 6 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 11 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #25

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