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KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally firmer against the US dollar and other major currencies on Friday, supported by a pullback in United States Treasury yields and early Asian session positioning, despite the US dollar index (DXY) closing slightly higher.
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KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.
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By Zufazlin Baharuddin
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit closed higher against the US dollar on Thursday amid uncertainty over US tariff policy and US-Iran talks.
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By Zufazlin Baharuddin
KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday’s level, driven by positive economic resilience as reflected in the Leading Index (LI) data.
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KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit opened firmer against the US dollar and other major currencies on Wednesday, supported by a softer greenback following weaker US economic data and improved global risk appetite.
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KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday as issues surrounding the US tariffs are affecting market sentiment, said an economist.
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KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit extended its gains to open higher on Tuesday, with foreign exchange markets seen to have largely priced in Malaysia’s encouraging macroeconomic data and recent tariff developments.
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By Zufazlin Baharuddin
KUALA LUMPUR, Feb 23 (Bernama) -- The ringgit closed higher against the US dollar on Monday, staying at the 3.88 level since opening trade after the US Supreme Court struck down a large part of President Donald Trump’s tariff policy last Friday.
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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 23 (Bernama) -- The ringgit touched an eight-year high against the US dollar at today’s opening, supported by strong domestic economic data and a softer US growth outlook, as markets digested renewed uncertainty surrounding Washington’s tariff policies, said an economist.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 21 (Bernama) -- The ringgit is expected to trade cautiously next week ahead of key data points in the United States, including the Conference Board Consumer Confidence Index and producer price index (PPI), as well as speeches by several Federal Reserve officials.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by cautious market sentiment amid ongoing negotiations between the US and Iran regarding the nuclear programme, said an economist.