Ringgit Retreats After Three Days Of Gains
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit closed lower today, snapping three consecutive days of gains as profit-taking emerged, with traders opting to lock in earlier gains.
| LATEST NEWS | The Government Procurement Bill does not in any way increase power, instead, it limits the power of the Minister of Finance by introducing a stronger system of checks and balances - Amir Hamzah | Duopharma Biotech Bhd has appointed Wan Amir-Jeffery Wan Abdul Majid as group chief executive officer, effective Oct 1, 2025. | Malaysia’s Producer Price Index (PPI) records a slower decrease of 3.8 per cent in July 2025 from a 4.2 per cent decline in June -- DOSM | 98.8 per cent of target to build 500,000 affordable homes achieved under 12MP – PM Anwar | The government will focus on priority projects, such as the NSS and JS-SEZ, without neglecting development in other states under the MADANI Economy Framework and NIMP 2030 -- PM Anwar | |
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Ringgit Opens Flat On Caution After Recent Gains
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened flat against the US dollar on Thursday as investors turned a bit cautious after recent gains, despite growing speculation for a US interest rate cut.
Ringgit Rises For Third Day On Softer US Dollar Following Lower-Than-Expected CPI Data
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its gains against the US dollar for the third straight day, as the greenback’s safe-haven status weakened following lower-than-expected US Consumer Price Index (CPI) data for July, which fuelled expectations of a September interest rate cut.
Ringgit Rises As Softer US Inflation Boosts Rate Cut Expectations
KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its uptrend against the US dollar on Wednesday, supported by a 0.43 per cent drop in the US Dollar Index (DXY) to 98.097 after the headline US inflation rate came in lower than expected.
Ringgit Up Against US Dollar, Major Currencies Ahead 2Q GDP Announcement
KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit extended its uptrend against the US dollar and major currencies at the opening on Tuesday ahead of Malaysia’s second quarter 2025 gross domestic product (GDP) data to be released on Friday, said an analyst.
Ringgit Ends Higher On Hopes Of US Fed Rate Cut In September
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit rebounded to close higher against the US dollar and other major currencies on market optimism that the US Federal Reserve will implement an interest rate cut at its September Federal Open Market Committee (FOMC) meeting.
Ringgit Opens Higher Against Greenback
KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, rebounding after two consecutive sessions of losses, amid growing concerns over the impact of the United States’ tariffs on the domestic and global economy, analysts said.
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.
Ringgit Rises Vs Greenback On Stronger Odds Of US Rate Cut
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data reinforced expectations of an imminent interest rate cut at the Federal Reserve’s next policy meeting, an economist said.
Gold Futures End Higher On Safe-haven Demand
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Thursday, driven by increased demand from investors seeking refuge in the precious metal, said an analyst.
Ringgit Ends Lower Vs US Dollar And Major Currencies On Weak Demand
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit has retreated to close lower against the US dollar as well as major currencies on Thursday on lack of buying interest, said an analyst.