US Fed's slashing of interest rates paves way for strengthening of ringgit, says PM | TheStarTV.com

US Fed's slashing of interest rates paves way for strengthening of ringgit, says PM

Published on 20 Sep 2024 8:22:16 PM

After performing Friday prayers at a mosque in Selangor on Sept 20, Prime Minister Datuk Seri Anwar Ibrahim told reporters that the aggressive move by the US Federal Reserve which lowered interest rates by half a point had paved the way for the strengthening of the ringgit.

Anwar also denied that the police had closed the investigation into a case related to an e-hailing driver with disabilities who was allegedly beaten by a dignitary’s escort.

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Keywords
news, malaysia, anwar ibrahim, ringgit, us dollar, united states, federal reserve, jerome powell, weakening dollar, economy, e-hailing driver, beating, assault

After performing Friday prayers at a mosque in Selangor on Sept 20, Prime Minister Datuk Seri Anwar Ibrahim told reporters that the aggressive move by the US Federal Reserve which lowered interest rates by half a point had paved the way for the strengthening of the ringgit.

Anwar also denied that the police had closed the investigation into a case related to an e-hailing driver with disabilities who was allegedly beaten by a dignitary’s escort.

Read more at https://shorturl.at/vxPZj

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, malaysia, anwar ibrahim, ringgit, us dollar, united states, federal reserve, jerome powell, weakening dollar, economy, e-hailing driver, beating, assault

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