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interest rate cuts

Ringgit opens firmer against US dollar amid renewed US rate cut hopes

At 8 am, the local note climbed to 4.2350/2550 against the greenback from Friday's close of 4.2750/2815

Ringgit strengthens following US federal rate cut, gains 12.67% against dollar over six months

The local currency continues its upward trajectory as analysts predict further gains, benefiting from narrowing interest rate differentials and global market conditions

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