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.
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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 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives could linger between US$4,500 and US$4,600 per troy ounce 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.
KUALA LUMPUR, May 14 (Bernama) -- AirAsia X Bhd posted a net loss of RM154.88 million in the first quarter ended March 31, 2026, due to the net foreign exchange losses of RM232.2 million from the depreciation of local currencies including Thai baht, Indonesian rupiah and the Philippine peso against the US dollar during the quarter.
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.