Ringgit Closes Higher Against Major Currencies Except US Dollar
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday as issues surrounding the US tariffs are affecting market sentiment, said an economist.
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday as issues surrounding the US tariffs are affecting market sentiment, said an economist.
KUALA LUMPUR, Feb 24 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, supported by gains in regional rubber futures following the resumption of trading in key buyer China after the Lunar New Year holidays, a trader said.
KUALA LUMPUR, Feb 24 (Bernama) -- The government will adopt a cautious approach in determining Malaysia’s position on the Agreement on Reciprocal Trade (ART) with the United States, Prime Minister Datuk Seri Anwar Ibrahim said, stressing the need to safeguard national economic and trade interests.
KUALA LUMPUR, Feb 23 (Bernama) – The Malaysian ringgit has the potential to climb further to the 3.78 level against the US dollar following the US Supreme Court’s decision to strike down President Donald Trump’s tariff policy, with the move seen benefiting emerging markets like Malaysia.
KUALA LUMPUR, Feb 23 (Bernama) -- CIMB Treasury and Markets Research has maintained its forecast for Malaysia’s gross domestic product (GDP) growth at 4.5 per cent in 2026, despite the US Supreme Court striking down the International Emergency Economic Powers Act (IEEPA) tariffs.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Monday on rising uncertainty over the new US tariff regime.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Feb 23 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, tracking gains in regional rubber futures amid thin trading due to holidays in China and Japan.
KUALA LUMPUR, Feb 23 (Bernama) -- Former Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has dismissed claims that Malaysia has been paying close to double the tariffs imposed on other countries by the United States (US), describing the allegation as inaccurate.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 23 (Bernama) -- The ringgit touched an eight-year high against the US dollar at today’s opening, supported by strong domestic economic data and a softer US growth outlook, as markets digested renewed uncertainty surrounding Washington’s tariff policies, said an economist.
KUALA LUMPUR, Feb 22 (Bernama) -- United States (US) President Donald Trump said he would raise the global tariff to 15 per cent from 10 per cent, following a US Supreme Court ruling that struck down most of his earlier trade measures.
By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 21 (Bernama) -- The United States (US) Supreme Court ruling limiting President’s unilateral tariff authority would improve global economic and market sentiment, with economists saying the development could benefit Malaysia’s exports, capital markets and currency outlook.
KUALA LUMPUR, Feb 21 (Bernama) -- President Donald Trump said the United States will impose a 10 per cent global tariff under Section 122, over and above the normal tariffs already in place.