Ringgit Ends Lower As Fed Signals Steady Rates
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 17 (Bernama) -- The ringgit declined against the US dollar today as expectations for a United States interest rate cut in December have diminished.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 17 (Bernama) -- The ringgit declined against the US dollar today as expectations for a United States interest rate cut in December have diminished.
KUALA LUMPUR, Nov 17 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning session higher amid cautious sentiment and selective accumulation in heavyweight stocks.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit is expected to trade within the 4.10-4.15 range against the US dollar next week, supported by Malaysia’s resilient macroeconomic fundamentals amid shifting expectations over the United States’ monetary policy.
KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia’s current account position is set to improve with tailwinds strengthening through 2025-2026 and a higher projected surplus of 1.8 per cent of gross domestic product (GDP) versus 1.4 per cent previously.
KUALA LUMPUR, Nov 14 (Bernama) -- Bursa Malaysia opened lower on Friday, dragged down by profit-taking in heavyweight counters amid cautious sentiment across regional markets.
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit opened higher against the US dollar for a 10th straight session this morning, extending its gains ahead of Malaysia’s third-quarter (3Q) 2025 gross domestic product (GDP) data, due this afternoon, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit extended its uptrend to close higher for the sixth consecutive day today, supported by renewed optimism over a possible interest rate cut by the United States Federal Reserve (Fed).
KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit continued its strong footing by opening higher and touched the 4.16 level versus greenback on Monday buoyed by continuous buying interest in the local note.
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, Nov 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday amid cautious sentiment as market players weighed the prospects of the United States Federal Reserve’s interest-rate policy.
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded to close higher on Tuesday as weaker US economic data and uncertainty over the US Federal Reserve's (Fed) next monetary policy move weighed on the greenback.