Скачать или смотреть Ringgit Strengthens Against US Dollar: Impact of ASEAN Summit and Market Sentiment

The Malaysian Ringgit is on the rise! In this video, we explore the factors behind its recent appreciation against the US dollar.
Following the successful 47th ASEAN Summit in Kuala Lumpur, regional stability and integration have boosted market confidence, leading to a stronger Ringgit. The summit's positive impact on reducing market risk and its contribution to the currency's growth are key highlights.
Additionally, the anticipated rate cut by the US Federal Reserve and the potential trade deal between the US and China have created a favorable market sentiment, further supporting the Ringgit's gains.
We'll delve into the currency's performance against major currencies and ASEAN peers, providing insights into its current strength and expected range for the day.