KUALA LUMPUR: The ringgit ended slightly higher against the US dollar today, supported by macro factors despite global market turbulence caused by US tariffs.

SPI Asset Management’s Stephen Innes noted that the main factor supporting the ringgit was growing expectations of a US Federal Reserve rate cut, amid weakening US economic data. Optimism around China’s fiscal expansion also helped boost sentiment in regional forex markets, including Malaysia.

At 6pm, the ringgit rose to 4.4635/4.4680 from 4.4640/4.4680 yesterday, although it weakened against other major currencies like the British pound, euro, and Japanese yen. The ringgit also saw a dip against some ASEAN currencies, including the Singapore dollar and Thai baht.