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Ringgit rebounds following 90-day tariff pause

Cover Image for Ringgit rebounds following 90-day tariff pause

The tariff pause announcement has contributed to the rebound in risky assets in equities and currency markets, says analyst.

Ringgit 100425

KUALA LUMPUR: The ringgit ended firmer against the dollar today, snapping a three-day losing streak following US president Donald Trump’s 90-day pause in reciprocal tariffs for all countries except China.

Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid said the pause lifted market sentiment and paved the way for countries to negotiate with the US government and, perhaps, achieve a more favourable outcome.

Tags:Afzanizam RashidChinaDonald TrumpFMTBizRinggitreciprocal tariffsRinggittariff pausethe USUS dollarUS tariffs


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🟡AFP

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