1m ago
KUALA LUMPUR, Oct 29 (Bernama) -- Bank Negara Malaysia (BNM) has said its close consultation and agreement with the US Treasury reflect existing practices and “do not in any way affect the ability to independently formulate monetary policy, or our ability to safeguard the stability and value of the ringgit.”
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit closed higher against the US dollar on Tuesday, lifted by positive market sentiment as Malaysia concluded the ASEAN Summit on a strong note amid optimism over recent trade collaborations with the United States.
2m ago
KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) is expected to complete its proof-of-concept for a domestic wholesale central bank digital currency (CBDC) by the end of this year.
2m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit ended easier against the US dollar amid cautious sentiment in the currency market, said an analyst.
2m ago
KUALA LUMPUR, Oct 1 (Bernama) -- RHB Bank Bhd has proposed a multi-currency Commercial Papers Programme (CP Programme) and a multi-currency Islamic Commercial Papers Programme (Sukuk Murabahah Programme) with a combined limit of up to RM5 billion.
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit opened flat against the US dollar on Monday as traders remained cautious amid mixed signals from the United States Federal Reserve (US Fed) officials on the interest rate outlook.
3m ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit held steady against the US dollar at opening on Thursday, amid the recent People's Bank of China’s (PBoC) pressure on market sentiment.
3m ago
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.
3m ago
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.
3m ago
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.
3m ago
KUALA LUMPUR, Aug 29 (Bernama) -- Axiata Group Bhd shares eased in early trade today after the group reported a decline in revenue for the second quarter ended June 30, 2025 (2Q 2025).
3m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.