According to a dealer April 30, 2019, the main highlight for the outlook on the US dollar remained the outcome of the US Federal Reserve’s two-day policy meeting which ends tomorrow, with a statement and news conference by Chairman Jerome Powell. — Reuters pic
At 6pm, the ringgit stood at 4.1320/1370 against the greenback compared with 4.1320/1350 at yesterday’s close. The dealer said investors were waiting to know how Powell resolves the divergence between solid economic growth and slowing inflation.
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