The ringgit opened stronger against the US dollar, bolstered by expectations of potential US rate cuts, according to an analyst.
At 8 am today, the ringgit traded at 4.4200/4.4300 against the US dollar, up from Monday’s close of 4.4240/4.4305.
Ringgit Gains Ground Against U.S. Dollar Amid Prospects Of U.S. Rate Cuts
