Ringgit continues upward trend
The ringgit continued its appreciation against the US dollar today as investors are bullish on the expectations that the US Federal Reserve (Fed) will cut interest rates, said an analyst. At 8am, the ringgit strengthened to 4.3700/4.3850 against the US dollar compared with 4.3805/4.3850 at the close on Monday. Bank Muamalat Malaysia Bhd chief economist…