Hong Leong Bank Expects Ringgit To Have Enough Legs To Continue Uptrend

KUALA LUMPUR, Nov 12 (Bernama) -- Hong Leong Bank Bhd (HLB) believes the ringgit has sufficient fundamental strength to continue its uptrend after the local note opened at 4.12 against the US dollar on Wednesday, its strongest level since Sept 30, 2024. 

Ringgit Opens At 4.12 VS Greenback, A New High In Over 13 Months 

KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to roll on and touched the 4.12 level at the opening on Wednesday, marking a new high in more than 13 months, buoyed by a softer US dollar following weaker US economic data. 

Ringgit Continues Uptrend Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit extended its uptrend to close higher for the sixth consecutive day today, supported by renewed optimism over a possible interest rate cut by the United States Federal Reserve (Fed).

Ringgit Opens Higher Vs Greenback On Continous Buying Interest

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit continued its momentum to open higher today, buoyed by continuous buying interest in the local note amid a weakened greenback.

Ringgit Appreciates To Strongest Level Since October 2024

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit extended its uptrend to close higher against the US dollar today, lifted by improved risk appetite and growing optimism over a possible resolution to the United States’ (US) government shutdown.

Gold Futures Likely To Trade Slightly Higher Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade slightly higher next week, supported by the stabilisation of gold around US$4,000 per troy ounce.

Gold Futures Close Lower

KUALA LUMPUR, Nov 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Friday despite the positive momentum in the US COMEX gold market.

Ringgit Closes At 4.17 Against US Dollar -- Its Strongest Level This Year

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.

Ringgit Rises Near One-year High Vs US Dollar After BNM Holds OPR

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.

Bursa Malaysia Strengthens Cooperation With Regulators To Reduce Risk Of Foreign Fund Sell-Offs

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia, together with regulatory authorities, is working closely to enhance market efficiency, vibrancy, and accessibility for investors — including foreign investors — to reduce the risk of sell-offs and foreign fund outflows from the equity market.

Ringgit’s Strong Run Backed By Narrowing Rate Gap, Domestic Resilience

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.

FBM KLCI Ends Morning Session Almost Flat

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the morning session nearly unchanged today, as choppy trading offset support from stronger regional performance.