Higher BI-Rate, Fuel Price Hike Test Indonesia's Economic Balancing Act

By Nik Nurfaqih Nik Wil

JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.

Ringgit To Trade Cautiously Next Week Ahead Of FOMC Meeting

KUALA LUMPUR, June 13 (Bernama) -- The ringgit is expected to be traded cautiously next week, ahead of the June 16-17 Federal Open Market Committee meeting.

Ringgit Extends Gains, Closes Higher Versus US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, June 12 (Bernama) -- The ringgit extended its gains on Friday, closing higher against the US dollar as uncertainty surrounding the conflict in West Asia weighed on the greenback.

Pyxis Group, Principia Consulting Partner CommodityAI To Modernise Commodity Operations

KUALA LUMPUR, June 12 (Bernama) -- Pyxis Group, a global advisory firm, together with its joint venture partner Principia Consulting, announced a strategic partnership with CommodityAI, the agentic artificial intelligence (AI) platform purpose-built for physical commodity operations.

Ringgit Opens Higher Against Greenback, Most Regional Peers

KUALA LUMPUR, June 12 (Bernama) -- The ringgit opened higher against the US dollar and was mostly firmer against regional peers on Friday amid easing geopolitical tensions in West Asia, which lifted sentiment towards the local note.

Ringgit Closes Slightly Higher Against US Dollar, Major Currencies

By Danni Haizal Danial Donald

KUALA LUMPUR, June 11 (Bernama) -- The ringgit ended slightly higher against the greenback and other major currencies on Thursday, shrugging off the impact of stronger-than-expected US inflation data for May.

Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against major currencies today but eased marginally against the US dollar after stronger-than-expected United States inflation reinforced expectations that the Federal Reserve (Fed) could keep interest rates higher for longer.

Ringgit Eases Against Greenback Ahead Of US CPI Release

By Danni Haizal Danial Donald

KUALA LUMPUR, June 10 (Bernama) -- The ringgit ended lower against the US dollar today as market sentiment remained cautious ahead of the release of the United States’ May Consumer Price Index (CPI) data.

Ringgit Opens Higher Against Major Currencies, Easier Versus US Dollar

KUALA LUMPUR, June 10 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar today, as market sentiment remained cautious ahead of the release of the United States Consumer Price Index (CPI) data tonight.

Ringgit Closes Higher Against Greenback , Regional Peers On Easing West Asia Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, June 9 (Bernama) -- The ringgit closed higher against the US dollar and was mostly stronger against regional currencies on Tuesday, supported by improved market sentiment amid easing geopolitical tensions in West Asia.

Ringgit Opens Higher Against US Dollar, Most Major Currencies

KUALA LUMPUR, June 9 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies today, tracking a slight pullback in the US Dollar Index (DXY) amid easing tensions in West Asia.

Ringgit Ends Lower Against US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 8 (Bernama) -- The ringgit ended lower against the US dollar today as stronger-than-expected United States (US) labour market data reinforced expectations that the US Federal Reserve would maintain its restrictive monetary policy stance, boosting demand for the greenback, an economist said.