Ringgit Continues To Retreat Against Greenback On Profit-taking After Recent Gains
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.
| LATEST NEWS | PPP is now recognised as a BN component party - Ahmad Zahid | Debris believed to be of missing patrol aircraft found by ground forces - Makassar SAR Team | Actress Nadia Kesuma, who was reported missing in Jeddah on Thursday, died of heart disease - Husband | |
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued to close higher on Tuesday following a weaker US dollar, said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit continued to close higher against the US dollar as expectations of an interest rate cut by the US Federal Reserve (Fed) gained momentum, said an analyst.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 1 (Bernama) -- Bargain hunting pushed Bursa Malaysia to end the week higher as investors cheered the United States (US) tariff reduction on all Malaysian products entering the country, coupled with positive market sentiment following the announcement of the 13th Malaysia Plan (13MP).
KUALA LUMPUR, July 31 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Thursday, ahead of the 13th Malaysia Plan (13MP) announcement this afternoon, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, July 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today ahead of the US Federal Reserve’s July interest rate decision.
KUALA LUMPUR, July 30 (Bernama) -- The Malaysian rubber market ended lower today amid a mixed trend in regional rubber futures.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 29 (Bernama) -- The ringgit ended lower against the US dollar today as market traders await the outcome of the United States (US) Federal Open Market Committee (FOMC) meeting, said an economist.
KUALA LUMPUR, July 28 (Bernama) -- The ringgit opened marginally higher against the US dollar in early trade on Monday amid cautious sentiment, as traders awaited clarity on a possible extension of the trade truce between the United States (US) and China, said an analyst.
KUALA LUMPUR, July 26 (Bernama) -- The ringgit is expected to hover between RM4.22 and RM4.24 next week as the US Federal Reserve (Fed) is anticipated to maintain its policy rate, said an analyst.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia closed in the red on Friday after two consecutive sessions of gains as investors pocketed some profit while adopting a wait-and-see stance amid ongoing negotiations between Malaysia and the United States to secure a 20 per cent tariff rate.