2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed higher on Thursday, remaining steady at the 4.18 level after Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 2.75 per cent during its final Monetary Policy Committee (MPC) meeting of 2025.
2m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia reversed earlier gains to close at its intraday low on Thursday, weighed down by late selling and profit-taking, despite the upbeat performances in regional markets.
2m ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
2m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.
2m ago
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit continues to strengthen against the US dollar this morning after closing 0.14 per cent higher at yesterday’s close, with all eyes on Bank Negara Malaysia’s Monetary Policy Committee’s decision on the overnight policy rate (OPR) later today.
2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday ahead of the Overnight Policy Rate (OPR) announcement tomorrow.
2m ago
KUALA LUMPUR, Nov 5 (Bernama) -- Malaysia's economic growth continues to remain resilient this year, against the backdrop of external volatility and uncertainties related to the United States (US) trade policy, according to S&P Global Ratings (S&P).
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 5 (Bernama) -- Maintaining the Overnight Policy Rate (OPR) at 2.75 per cent would provide better predictability in borrowing costs, allowing Malaysians to plan capital expenditures and asset purchases with confidence, said an economist.
2m ago
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.
2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded to close higher on Tuesday as weaker US economic data and uncertainty over the US Federal Reserve's (Fed) next monetary policy move weighed on the greenback.
2m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia bucked the downbeat regional trend to close marginally higher on Tuesday, amid continued buying interest in selected heavyweights led by financial services counters.