Ringgit rallies against greenback as traders reassess Fed rate outlook
Photo: Free Malaysia Today
The ringgit remained in positive territory as traders reassessed the likelihood of a US interest rate hike, pushing the US Dollar Index lower.
From the original report
The Fed decided to keep the benchmark interest rate steady at 3.75% to 4.00% on Oct 28.
At 6pm, the ringgit rose to 4.0555/4.0600 against the greenback from Thursday’s close of 4.0575/4.0620.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at Free Malaysia Today
Free Malaysia Today
Read the full translated article in Japanese →
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About this story
- Source
- Free Malaysia Today
- Originally published
- Oct 30, 2026
- Updated here
- Oct 30, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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