4m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday following a 0.1 per cent rise in the US Dollar Index (US DXY) to 98.245 points despite a weaker-than-expected job openings report in the United States (US), said an analyst.
4m ago
KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday ahead of Bank Negara Malaysia’s (BNM) decision on the overnight policy rate (OPR), with markets widely expecting the central bank to leave the rate unchanged at 2.75 per cent.
4m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their gains on Wednesday, driven by fiscal concerns in the United States (US), said an analyst.
4m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit closed higher against the greenback on Wednesday as traders awaited the United States (US) labour market data this week, said an analyst.
4m ago
KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit opened slightly higher on Wednesday ahead of the US labour market data this week, which will be an important input for the Federal Open Market Committee (FOMC) members when they meet on Sept 16 and 17.
4m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit ended on a low note on Tuesday as market sentiments remained cautious, with traders bracing for Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting on Thursday to gauge the latest economic assessments.
4m ago
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened higher on Tuesday but is likely to trade cautiously today as traders will be observing Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting this Thursday, along with the United States (US) non-farm payrolls (NFP) report on Friday.
4m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 30 (Bernama) -- The ruling by a United States (US) federal appeals court declaring most of President Donald Trump’s tariffs illegal could bring relief to the global economy by easing cost pressures on businesses and restoring demand.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 30 (Bernama) -- The ringgit is expected to trade sideways with an upside bias next week, reflecting a cautious but optimistic market sentiment, ahead of the Bank Negara Malaysia (BNM) Monetary Policy Committee meeting scheduled on Sept 4, said an economist.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit closed lower against the US dollar on Friday as traders turned cautious ahead of the United States (US) Personal Consumption Expenditures (PCE) data to be released later tonight.
4m ago
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.
4m ago
KUALA LUMPUR, Aug 29 (Bernama) -- Malaysia’s success in lifting millions out of poverty, without creating permanent slums, is often overlooked.