Ringgit Closes Stronger Against US Dollar On Market Optimism

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit closed stronger against the US dollar today, driven by broad market optimism.

Ringgit Opens Higher Versus US Dollar Following Fed Rate Cut

KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.

Local Rubber Market Ends Mixed Amid Uptrend In Regional Peers

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 7 (Bernama) -- The Kuala Lumpur rubber market continued to close mixed on Thursday, supported by the uptrend in regional rubber futures markets and encouraging Chinese economic data amid China’s affirmation to sustain its economic recovery, a dealer said.

Narrowing Of Interest Rate Differentials Positive For Ringgit - BNM Governor 

KUALA LUMPUR, Nov 7 (Bernama) -- The narrowing of interest rate differentials between Malaysia and advanced economies is positive for the ringgit amid volatility in geopolitical developments, said Bank Negara Malaysia (BNM). 

BNM Expected To Keep OPR At 3.0 Pct In 2025 - Banks

KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year. 

OPR Decision Boosts Market Confidence, Lifts Bursa Malaysia In Early Trade

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia's key index opened higher in early trade, buoyed by clearer investor direction in the market following yesterday's announcement of the Overnight Policy Rate (OPR).

Ringgit Opens Higher Despite Stronger US Dollar On Trump’s Return To Presidency

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 per cent increase from the previous day’s close.

BNM's OPR Hold Signals Positive Outlook For Investment Growth - Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

BNM Maintains OPR Unchanged At 3.0 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.

Ringgit Strengthens Against Greenback ahead Of OPR Decision

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit extended its gains against the US dollar at the opening on Wednesday, driven by improved sentiment ahead of Bank Negara’s (BNM) announcement on the overnight policy rate (OPR) later today.

Ringgit Maintains Stronger Footing At The Close

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve, said an economist. 

Bursa Malaysia Reverses Early Losses To End Higher Ahead Of MPC Outcome

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.