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US shutdown

Ringgit gains against US dollar as market eyes Fed easing on shutdown

The local currency strengthens on expectations that a prolonged US government shutdown could lead to Federal Reserve rate cuts, with experts predicting a stable exchange rate

Ringgit stronger at opening on US shutdown concerns

At 8 am, the local note stood at 4.2125/2210 against the greenback compared with Monday’s close at 4.2150/2200

◉ Popular

Penugasan baharu Shuhaily dalam PDRM belum diputuskan : KPN

Mohd Khalid berkata sebarang tugasan dan tindakan susulan terhadap Shuhaily hanya boleh diambil selepas beliau kembali ke PDRM, namun setakat ini belum ada keputusan dibuat

Red Bull’s Acosta wins MotoGP Sprint, Ducati Lenovo’s Marquez second

Third on the podium is Italian rider Marco Bezzecchi of Aprilia Racing

Parcel Shield anti-fraud initiative launched against parcel scams

Led by the Postal Forum, a self-regulatory body under the Malaysian Communications and Multimedia Commission, it aims to deal with scams involving deliveries and impersonation of legitimate couriers, among others