1y ago
KUALA LUMPUR, Jan 25 (Bernama) -- The ringgit is expected to trade cautiously against the greenback next week, ahead of the US Federal Open Market Committee (FOMC) meeting, and to remain within the RM4.37 to RM4.38 range, an economist said.
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia ended lower as profit-taking activities persisted for a second consecutive day as investors positioned themselves ahead of next week’s shortened trading schedule, said an analyst.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended at its highest level since November 2024 amid renewed tariff threats from United States (US) President Donald Trump, who announced preparations to impose a 10 per cent tariff on Chinese imports.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit steadied at around 4.50-level against the US dollar at the close today as market participants await the US Producer Price Index report later today.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning amidst cautious market sentiment with a potential gradual US tariff hike and the upcoming release of the US Producer Price Index (PPI) and Consumer Price Index (CPI) later this week.
1y ago
KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia’s economy is expected to sustain steady growth in 2025 of above 5.0 per cent, supported by strategic investment, robust fiscal management and economic resilience, said the Ministry of Finance.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 11 (Bernama) -- The ringgit is expected to trade at around RM4.50 to the US dollar next week, with investors being cautious ahead of the US inflation report as well as a series of speeches by US Federal Reserve (Fed) officials scheduled during the period.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit closed lower against the US dollar today, extending yesterday’s losses as bullish global economic outlook provided support for the greenback.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit opened flat against the strengthening US dollar on Thursday amid rising demand for the greenback following the release of the US Federal Reserve (Fed) minutes, said an analyst.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit retreated from yesterday’s gains to close lower against the US dollar on Wednesday, as positive data from the United States prompted investors to return to the greenback.
1y ago
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.