By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit closed higher against the American dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit extended its recent positive momentum to trade slightly higher against the US dollar in the early session on Friday.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit rose against the US dollar for the third consecutive day despite heightened concern over geopolitical development in Ukraine, said an analyst.
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit continued to be well supported and sustained its upward momentum, gaining 0.12 per cent against the US dollar at the close on Wednesday on continued demand, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid cautious sentiments due to the current global economic development, said an analyst.
KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit opened higher against a weakening US dollar today as the Dollar Index (DXY) experienced a correction, said an analyst.
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
By Anas Abu Hassan
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit staged a rebound on Friday after recent losses to finish the week higher against the American dollar despite a rising greenback buoyed by anticipation of slower US interest rate cuts, an economist said.
