Carian mengenai topik rate-cut

The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.

The ringgit opened almost flat and is expected to retain its bullish trend as the US Fed rate cut last week signalled a soft landing for the US economic growth

Datuk Seri Abdul Rasheed said Malaysia's positive economic outlook and structural reforms are also propelling the ringgit's rise.

Dr. Mohd Afzanizam said Malaysia's open economy is highly sensitive to external factors like international trade and capital flows.

Turnover eased to 2.30 billion units worth RM2.75 billion from Tuesday's 3.19 billion units worth RM3.35 billion.

At the opening, the ringgit traded mostly lower against a basket of major currencies.

The market appears to be expecting a Fed rate cut of between 25 and 50 basis points, says Dr Mohd Afzanizam Abdul Rashid.

The bank said the return of foreign funds into emerging markets, is expected to bolster regional currencies, including the ringgit.

Domestically, the ringgit was mostly higher against a basket of major currencies.

The ringgit extended its gains to open firmer against the US dollar on Friday, driven by the growing prospect of an interest rate cut.

The move augurs well for the economy as well as the financial sector which has put forward the request for sometime now.

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.

The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.