[Strengthened Domestic Growth Narrative Bolsters Ringgit Resilience, Delayed Fed Rate Cuts to Support Short-Term Dollar Performance] Jin10 Data, February 6 – Kenanga economists stated in a report that, given robust domestic data, the Malaysian Ringgit exchange rate against the US Dollar may remain below 4 in the near term. They believe that expectations of strong domestic data should reinforce Malaysia's growth narrative and help buffer the Ringgit against external exchange rate headwinds. Considering the United States' resilient growth, record-breaking stock market, and stable financial conditions, Kenanga expects the Federal Reserve to cut rates in June rather than March. Kenanga noted that the lack of significant deterioration in the labor market reduces the urgency for early easing, thereby supporting the Dollar in the short term.