Ringgit Steadies At 4.12 Against US Dollar

The ringgit began the day on a positive note, trading slightly higher against the US dollar in early markets, fueled by expectations of impending interest rate cuts in the United States, according to an analyst.

At 8 am, the local currency was valued at 4.1200/1275 compared to yesterday’s close of 4.1210/1260.

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