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By Siti Radziah Hamzah
KUALA LUMPUR, March 7 (Bernama) -- The ringgit extended its rally today to close on the front foot against the US dollar, powered by a more dovish US Federal Reserve (Fed) outlook and Bank Negara Malaysia’s decision to hold rates steady, said an analyst.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.
By Siti Radziah Hamzah
KUALA LUMPUR, March 6 (Bernama) -- The ringgit closed higher against the US dollar for the third consecutive day as the greenback’s safe-haven status weakened due to a mix of slowing United States (US) economic data, tariff uncertainty, and unpredictable policymaking, prompting traders to look elsewhere, said an analyst.
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its meeting today.
KUALA LUMPUR, March 6 (Bernama) -- The ringgit extended its positive run against the US dollar today as a result of a weakening greenback following greater uncertainties on the US government’s import tariffs that led to weak business and consumer sentiment, an analyst said.
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- The ringgit surged against the US dollar on Wednesday, riding the wave of broad greenback weakness and renewed global risk appetite, said an analyst.
KUALA LUMPUR, March 5 (Bernama) -- The ringgit strengthened against the US dollar at the opening today as the greenback weakened after the US government upheld its decision to impose import tariffs on Canada, Mexico and China, an analyst said.
By Siti Radziah Hamzah
KUALA LUMPUR, March 4 (Bernama) -- The ringgit closed slightly higher against the US dollar on Tuesday as broader macro forces kept a floor under the domestic currency despite the US tariff barrage rattling global markets.
KUALA LUMPUR, March 4 (Bernama) -- The ringgit kicked off the day by opening higher against the US dollar on Tuesday amid traders awaiting details of the United States (US) tariff implementation, an analyst said.
By Siti Radziah Hamzah
KUALA LUMPUR, March 3 (Bernama) -- The ringgit closed lower against the US dollar on Monday as the forex market tiptoes into the week on high alert, stuck in a “wait and see” mode, as traders hedge their bets ahead of Donald Trump’s tariff D-Day tomorrow, said an analyst.
KUALA LUMPUR, March 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday amid cautious trading ahead of the United States government’s import tariff imposition on Canada and Mexico as well as China.
KUALA LUMPUR, March 1 (Bernama) -- The ringgit is expected to range between RM4.45 and RM4.47 versus the greenback next week as the market sentiment remains cautious over US tariff policies.
