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KUALA LUMPUR, March 6 (Bernama) -- Malaysia’s strong economic fundamentals, positive growth prospects and ongoing reform measures will continue to support the ringgit in the face of conflict in the Middle East, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, March 6 (Bernama) -- Malaysia’s economy remains resilient despite rising global uncertainty arising from the escalating conflict in the Middle East, and Bank Negara Malaysia (BNM) is closely monitoring developments as the situation continues to evolve.
KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia opened slightly lower on Friday, tracking weaker Wall Street performance overnight and rising oil prices amid no signs of the Middle East crisis easing.
KUALA LUMPUR, March 6 (Bernama) -- The ringgit was nearly flat against the US dollar at Friday’s open as foreign exchange sentiment stayed cautious amid no signs of the Middle East crisis easing over the past week.
By Siti Noor Afera Abu
KUALA LUMPUR, March 5 (Bernama) -- The ringgit remained in a narrow trade and closed lower against the US dollar on Thursday, as heightened tensions in the Middle East weighed on market sentiment and supported the greenback.
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking positive overnight Wall Street performance as easing oil prices and upbeat economic data soothed concerns over the US-Iran geopolitical crisis.
KUALA LUMPUR, March 5 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday as traders shifted focus to the overnight policy rate (OPR) announcement later in the day, despite the ongoing conflict in the Middle East.
KUALA LUMPUR, March 4 (Bernama) -- The ringgit snapped a three-day losing streak to close higher against the US dollar on Wednesday, supported by renewed demand for the local currency, although trading remained range-bound as traders and investors stayed cautious in view of geopolitical risks.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 4 (Bernama) -- The Kuala Lumpur rubber market ended mixed today as the market sentiment was dampened by escalating geopolitical conflicts between the United States (US) and Iran, a dealer said.
PUTRAJAYA, March 4 (Bernama) -- Transport and food prices are expected to face the earliest and most visible pressure from the escalating geopolitical conflict in the Middle East, with economists warning that a gradual rise in living costs, as higher oil, logistics, and agricultural input costs filter through the economy.
KUALA LUMPUR, March 4 (Bernama) -- The ringgit opened slightly higher against the US dollar today but is expected to remain under pressure amid mounting geopolitical tensions, with traders continuing to favour the greenback as a safe-haven asset.
By Siti Noor Afera Abu
KUALA LUMPUR, March 3 (Bernama) -- The ringgit ended lower against the US dollar on Tuesday as risk aversion strengthened the greenback, with investors remaining cautious amid the escalating conflict in the Middle East.
