Ringgit rises to 4.4150 against US dollar ahead of 2Q GDP release
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The ringgit strengthened against the US dollar and other major currencies ahead of the release of Malaysia's second quarter 2024 gross domestic product (GDP) data. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid attributed the ringgit's strength to growing anticipation of US interest rate cuts. At 8 am, the ringgit was at 4.4150/4250 against the US dollar, up from the previous day's close of 4.4170/4235.

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https://www.nst.com.my/business/economy/2024/08/1091731/ringgit-rises-44150-against-us-dollar-ahead-2q-gdp-release