Ringgit Opens Slightly Higher Vs USD
KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit opened slightly higher against the US dollar today amidst tepid investor sentiment, as the United States (US) economic data came in slightly better than expected.
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Global Uncertainties Push Ringgit To Open Higher Against US Dollar
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.
Bursa Malaysia's 4Q Net Profit Expected To Be Weaker On Lower Datv -- Aminvestment Bank
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.
KL Rubber Market Eases, Tracks Regional Futures Markets
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 13 (Bernama) -- The Kuala Lumpur rubber market eased slightly on Monday, in tandem with regional rubber futures markets, said a dealer.
BMI Expects BNM To Hold OPR At 3.0 Pct In Next Meeting
KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.
Rubber Market Ends Higher On Regional Uptrend, Stable Crude Oil Prices
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 9 (Bernama) — The local rubber market closed higher on Thursday, bolstered by an uptrend in regional rubber futures markets and steady benchmark crude oil prices, said a dealer.
Ringgit Likely To Trade On Softer Note Next Week
KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.
Ringgit Extends Loss As Robust US Jobs Data Holds Greenback Near Two-year High
KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.
Ringgit Weakens Versus US Dollar, Higher Against Major Currencies
KUALA LUMPUR, Jan 3 (Bernama) -- The ringgit weakened against the US dollar at today's opening, continuing its downtrend due to higher demand pressure for the greenback.
Ringgit Closes Lower On Continuous Demand For Greenback
KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit finished lower against the US dollar on the first trading day of the year on continuous demand for the greenback due to concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.
KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
Ringgit Starts 2025 Lower On Fed Rate Cut Concerns
KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit opened lower against the US dollar on the first trading day of the year, weighed by market concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.