Ringgit Opens Slightly Higher As Greenback Slips On Softer US Data
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday as the greenback weakened after softer United States (US) economic data.
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Ringgit Ends Lower Against Greenback On Profit-taking
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday due to profit-taking, as traders and investors opted to lock in recent gains, said an analyst.
Ringgit Extends Gains On RON95 Subsidy Reform
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, extending gains as market confidence was lifted by the government’s firm policy stance following the rationalisation of RON95 subsidies.
Ringgit Ends Firmer on Government’s Prudent RON95 Subsidy Move
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit closed firmer against the US dollar and other major currencies on Monday, supported by positive market sentiment following the government’s measured rationalisation of RON95 fuel subsidies.
Malaysia Must Reposition As A Technology Creator - Liew
KUALA LUMPUR, Sept 22 (Bernama) -- Malaysia must reposition itself as a technology nation by becoming a creator of technologies rather than merely a user, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
RON95 Subsidy Rationalisation Expected To Strengthen Fiscal Position – Economists
PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.
Ringgit Starts Higher On Stable S&P Outlook
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.
Ringgit To Trade Within Tight Range Next Week
By Anas Abu Hassan
KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is expected to continue trading within a tight range with an upward bias next week, as investors reassess the trading trend following the United States (US) interest rate cuts.
CPO Futures End Lower On Persistent Soybean Oil Weakness
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday on persistent weakness of the soybean oil market.
Ringgit Ends Lower As Greenback Rebounds
By Anas Abu Hassan
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit ended the week lower, retreating from its recent rally as the US dollar strengthened following the United States (US) Federal Reserve's (Fed) move to cut its interest rate, an economist said.
Ringgit Opens Higher Vs US Dollar, Tracking firmer Regional Currencies
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened higher against the US dollar on Friday, tracking the firmer performance of regional currencies despite the continued strength of the greenback.
CPO Futures End Lower, Tracking Weakness In Soybean Oil Price
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Thursday, tracking weakness in soybean oil prices.