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Ringgit ends lower against US dollar as US rate hike debate persists

KUALA LUMPUR: The ringgit finished lower against the US dollar on Friday as the market closely monitors the ongoing debate regarding interest rate hikes in the United States.

The Star MalaysiaThe Star查看原文 ↗
由于美国加息之争持续,令吉兑美元汇率收低。

KUALA LUMPUR: The ringgit finished lower against the US dollar on Friday as the market closely monitors the ongoing debate regarding interest rate hikes in the United States.

This comes ahead of the Federal Open Market Committee meeting scheduled for September 15 and 16. The US Federal Reserve (Fed) has kept interest rates unchanged so far in 2026, but hawkish remarks by Fed Chair Kevin Warsh at the Jackson Hole symposium have increased expectations of a rate hike this month.

Thank you for your report!

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