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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit closed higher against the US dollar, other major currencies and ASEAN peers on Tuesday on continued optimism over Malaysia’s economic growth prospects.
KUALA LUMPUR, Feb 3 (Bernama) -- Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as firmer US economic data lifted the greenback, but it was higher against other major currencies.
SIBU, Feb 2 (Bernama) -- The recent appreciation of the ringgit against the US dollar is “not unexpected,” as Malaysia’s economy continues to strengthen, driven by infrastructure development, rising tourism arrivals and better prices of commodities and electrical and electronics (E&E) products.
By Karina Imran
KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia is expected to trade within a constructive upward bias in the 1,730-1,760 range next week, with immediate support around the 1,700 level.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit is expected to maintain its momentum and trade within a range of 3.93 to 3.96 against the US dollar next week, as investors shift their focus to key United States economic data for direction.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 31 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid firmer US dollar sentiment.
KUALA LUMPUR, Jan 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled lower today, mirroring losses on the United States Comex as a firmer US dollar weighed on bullion prices.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of the week, pressured by renewed demand for the greenback amid speculations surrounding the future leadership of the United States Federal Reserve (Fed).
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit rebounded against the US dollar at Friday’s open as persistent uncertainties in the United States continued to weigh on the greenback, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said.
By K. Naveen Prabu
KUALA LUMPUR, Jan 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today on expectations of stronger export demand in the coming weeks, a dealer said.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit closed lower against the US dollar today following the United States Federal Reserve’s decision to keep interest rates unchanged, which supported the greenback.
