Ringgit Set To Trade Between 3.94 And 3.96 Against US Dollar Next Week
KUALA LUMPUR, May 16 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.94 and RM3.96 against the US dollar next week.
| LATEST NEWS | International Museum Day: 19 museums to offer free admission to Malaysians on May 18 - Aaron | PM Anwar launches PADURI MADANI scheme, RM230 million fund for B40 women entrepreneurs | 6,680 individuals, including 15 teenagers, have been issued notices for littering offences since January - Aiman Athirah | PM Anwar emphasises that the admission of UEC students into public universities is subject to conditions, similar to graduates from other schools outside the national education system. | MOE announces 12 initiatives for educators in conjunction with this year's Teachers' Day celebration - Fadhlina | |
KUALA LUMPUR, May 16 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.94 and RM3.96 against the US dollar next week.
KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s external position should remain resilient despite heightened geopolitical uncertainty and the ongoing US-Iran conflict, said Kenanga Investment Bank Bhd.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed mostly higher against major currencies after Bank Negara Malaysia announced that Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), exceeding the advance estimate of 5.3 per cent, driven by robust domestic demand, investment activities and exports.
KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange rate movements, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, May 15 (Bernama) -- The ringgit snapped a seven-trading-day rally to ease against the US dollar as traders turned cautious ahead of Malaysia’s first-quarter (1Q) 2026 gross domestic product (GDP) announcement later today.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 14 (Bernama) -- The ringgit closed mostly higher against major and regional currencies, except the US dollar, amid positive signals from the meeting between US President Donald Trump and his Chinese counterpart Xi Jinping that could benefit both Washington and Beijing.
KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar for a seventh straight trading day ahead of the high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping on May 14-15, 2026.
KUALA LUMPUR, May 13 (Bernama) -- The Kuala Lumpur rubber market ended sharply higher on Wednesday, reaching a new high for 2026, supported by the persistent concerns over tight natural rubber supply across major producing countries and a decline in local rubber production, a dealer said.
KUALA LUMPUR, May 13 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar today, ahead of Malaysia’s first quarter (1Q) gross domestic product (GDP) announcement on Friday.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 12 (Bernama) -- The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar.
KUALA LUMPUR, May 12 (Bernama) -- Malaysia’s gross domestic product (GDP) is projected to expand 4.8 per cent in 2026, provided the West Asia conflict ends by June, underpinned by stable domestic demand, improving investment activity and ongoing economic reforms, Affin Bank Bhd said.