Ringgit Firmer Against US Dollar In Early Trade
KUALA LUMPUR, July 24 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Thursday, supported by improved market sentiment following the latest fiscal support measures.
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KUALA LUMPUR, July 24 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Thursday, supported by improved market sentiment following the latest fiscal support measures.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 23 (Bernama) -- Late bargain hunting of consumer-related stocks pushed Bursa Malaysia to close at its intraday high on Wednesday, allowing the market to recover losses in the previous two sessions.
KUALA LUMPUR, July 23 (Bernama) -- The ringgit edged higher against the US dollar in early trade, driven by cautious market sentiment ahead of the Aug 1 tariff deadline.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 22 (Bernama) -- The ringgit closed higher against the US dollar on Tuesday, amid a mixed performance in regional currencies, as investors adopted a wait-and-see approach ahead of the United States (US) tariff negotiation deadline, an analyst said.
By Siti Radziah Hamzah
KUALA LUMPUR, July 22 (Bernama) -- The ringgit appreciated against the US dollar in early trade, tracking US dollar softness as markets price in uncertainty ahead of the Aug 1 tariff decision by the United States (US).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 21 (Bernama) -- The ringgit extended its gains against the US dollar at Monday’s close, as the greenback struggled to appreciate amid political uncertainties in Japan, said an analyst.
KUALA LUMPUR, July 21 (Bernama) -- The ringgit continued to strengthen against the US dollar at the opening session on Monday, continuing from last Friday, as the Malaysian economy was projected to grow higher in the second quarter, signalling that the country’s economy remains resilient.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 19 (Bernama) -- The ringgit is expected to hover around RM4.24 to RM4.26 next week amid mixed signals in the market.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 18 (Bernama) -- The ringgit rebounded from recent losses to end higher against the US dollar on Friday, supported by a better-than-expected forecast of Malaysia's second quarter growth, which signalled that the domestic economy remains resilient amid external uncertainties.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia ended the week on a higher note as bargain hunting continued following the heavy sell-off earlier this week, an analyst said.
KUALA LUMPUR, July 18 (Bernama) -- The ringgit opened firmer against the US dollar on Friday as traders shied away from the greenback amid growing anticipation of an interest rate cut by the US Federal Reserve (Fed), said an analyst.