RON95 Subsidy Rationalisation Expected To Strengthen Fiscal Position – Economists

PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.

Ringgit Starts Higher On Stable S&P Outlook

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.

Ringgit To Trade Within Tight Range Next Week

By Anas Abu Hassan

KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is expected to continue trading within a tight range with an upward bias next week, as investors reassess the trading trend following the United States (US) interest rate cuts.

Ringgit Ends Lower As Greenback Rebounds

By Anas Abu Hassan

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit ended the week lower, retreating from its recent rally as the US dollar strengthened following the United States (US) Federal Reserve's (Fed) move to cut its interest rate, an economist said.

Ringgit Opens Higher Vs US Dollar, Tracking firmer Regional Currencies

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened higher against the US dollar on Friday, tracking the firmer performance of regional currencies despite the continued strength of the greenback.

Ringgit Retreats Against Greenback As Markets Reassess US Interest Rate Outlook 

By Anas Abu Hassan

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit retreated against the greenback at the close on Thursday as investors reassessed the US interest rate outlook following the US Federal Reserve's (Fed) interest rate cut on Wednesday, an economist said.

Ringgit Opens Lower Vs Greenback Amid US Interest Rate Cut

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as the greenback strengthened following the US Federal Reserve’s (Fed) decision to cut its benchmark interest rate by 25 basis points.

Ringgit Ends Near One-year High Vs US Dollar On Fed Cut Hopes

By Anas Abu Hassan

KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit closed stronger on Wednesday, hitting a near one-year high against the greenback ahead of the United States (US) interest rate decision later in the day, an economist said.

Bursa Malaysia Set To See Quiet Trade Next Week With Fomc Meeting In Focus

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia is expected to move within the 1,580 to 1,620 points range in subdued trading next week due to a holiday-shortened period, with investors’ focus on the upcoming US Federal Open Market Committee (FOMC) meeting.

Ringgit Expected To Trade In Tight Range Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit is expected to trade within a tight range next week as investor focus shifts to the United States’ anticipated interest rate cut.

Ringgit Breaches 4.20 Level Against Greenback Ahead Of Widely Expected US Interest Rate Cut

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 12 (Bernama) -- The ringgit ended the week on an upbeat note ahead of a widely expected interest rate cut by the United States next week.

Ringgit Opens Higher As Weak US Jobs Data Hits US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Sept 12 (Bernama) -- The ringgit opened higher against the US dollar on Friday as the greenback retreated after weaker United States (US) jobs data raised expectations of interest rate cuts.