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Ringgit Rises As Fed Minutes Weigh On US Dollar

Kuala Lumpur, 9 July 2026 – The ringgit opened higher against the US dollar as the greenback softened after the latest Federal Reserve minutes reinforced expectations that US monetary policy could turn less supportive of the dollar.

The local note strengthened in early trade as investors digested signals from the Fed’s policy discussion, with markets assessing the possibility that US interest rates may eventually move lower if inflation continues to ease and economic momentum softens.

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Author

  • Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.

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