7m ago
By Anas Abu Hassan
KUALA LUMPUR, June 5 (Bernama) -- The ringgit closed higher against the US dollar on Thursday, supported by a weaker greenback following downbeat United States economic data, as investors shifted into risk-on mode.
7m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.
7m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 23 (Bernama) -- The Malaysian rubber market closed mixed today, weighed down by declining crude oil prices and a firmer ringgit against the US dollar, a dealer said.
7m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 21 (Bernama) -- The ringgit ended higher on Wednesday as concerns over the fiscal health of the United States continued to weigh on the greenback.
7m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 19 (Bernama) -- The Malaysian rubber market ended higher today, in tandem with the uptrend in regional rubber futures markets and a weaker ringgit against the dollar, a dealer said.
7m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.
8m ago
KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.
8m ago
KUALA LUMPUR, May 6 (Bernama) -- The ringgit extended gains, opening stronger against the US dollar on Tuesday, supported by ongoing positive sentiment towards the local currency, said an analyst.
8m ago
KUALA LUMPUR, May 5 (Bernama) -- The Malaysian rubber market closed lower today, pressured by falling crude oil prices and a stronger ringgit against the US dollar.
8m ago
KUALA LUMPUR, May 5 (Bernama) -- The ringgit edged up slightly against the US dollar on Monday, as a weaker greenback, weighed down by dovish sentiment from the United States (US) Federal Reserve (Fed) on interest rates and new trade developments related to China, supported the local currency, said an analyst
8m ago
By Anas Abu Hassan
KUALA LUMPUR, May 3 (Bernama) -- The ringgit is likely to trade in a cautious mode next week as investors will focus on the monetary policy decisions domestically and from the United States (US), said an economist.