Ringgit strengthens against US dollar ahead of key Fed meeting

KUALA LUMPUR, June 11 — The ringgit ended higher against the US dollar ahead of the two-day US Federal Open Market Committee (FOMC) meeting which begins later today, said an...

In suit, 1MDB alleges Rosmah spent up to RM1.6b using its funds to buy jewellery and handbags from 48 vendors in 14 countries

Daim and family file legal bid to challenge freezing of bank accounts by MACC, name Anwar in suit as well Sarawak budgets RM1b for Sri Aman to challenge Kedah paddy fields, aims to make Malaysia rice exporter and Bernas ‘irrelevant’ The ringgit ended higher against the US dollar ahead of the two-day US Federal Open Market Committee meeting which begins later today. — Picture by Sayuti ZainudinKUALA LUMPUR, June 11 — The ringgit ended higher against the US dollar ahead of the two-day US Federal Open Market Committee meeting which begins later today, said an analyst.Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the ringgit initially weakened to RM4.

However, it fell versus the Thai baht to 12.8364/8491 from 12.8211/8372 previously and was flat against the Philippine peso at 8.03/8.04. — Bernama

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