KUALA LUMPUR: The Federal Reserve and Bank Negara Malaysia (BNM) are expected to lower their benchmark rates in the second half of 2025 (2H25), with a...
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- NST.COM.MY - A La Une - 19/12/2024 19:54
Ringgit continues to extend loss on Fed's hawkish turn
KUALA LUMPUR: The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more cautious approach to rate cuts next year, following a 25-basis-point reduction on Wednesday.
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