By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 20 (Bernama) -- The ringgit retreated against the greenback on Tuesday despite the weaker US dollar index (DXY) and lower US Treasury yields after the recent downgrade of the credit rating of the United States by Moody’s Ratings.
KUALA LUMPUR, May 20 (Bernama) -- The ringgit opened marginally lower against the US dollar on Tuesday as traders remained cautious ahead of a possible interest rate cut by the United States Federal Reserve (Fed), an analyst said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 19 (Bernama) -- The ringgit ended higher against the US dollar today, supported by a weaker US Dollar Index (DXY) which fell 0.71 per cent to 100.376 following a downgrade of the United States government's sovereign credit rating.
By Zufazlin Baharuddin
KUALA LUMPUR, May 19 (Bernama) -- The ringgit opened higher today against the US dollar buoyed by Moody’s Ratings recent downgrade of the US credit rating on concerns over rising debt.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.
KUALA LUMPUR, May 15 (Bernama) -- The ringgit opened slightly lower against the US dollar as traders continue to observe the potential trade deal between the US and China, along with geopolitical risks, according to an economist.
By Engku Shariful Azni Engku Ab Latif and Harizah Hanim Mohamed
KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.
KUALA LUMPUR, May 13 (Bernama) -- The ringgit opened slightly higher against the US dollar today, supported by positive sentiment from the United States (US)-China diplomatic negotiations on the US tariff, an analyst said.
KUALA LUMPUR, May 12 (Bernama) -- Malaysia can have greater access to more advanced semiconductor chips following Washington’s move to rescind curbs on chip exports, a move that can propel it to move beyond its current strength in midstream packaging and testing into higher-value upstream chip design.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 10 (Bernama) -- The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 9 (Bernama) -- The ringgit closed lower against the US dollar on Friday as news about a possible trade deal between the United States and China by the end of the week spurred interest in the greenback.
KUALA LUMPUR, May 9 (Bernama) -- The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.
