Ringgit Opens Flat Amid Investor Caution On US Election Risks
KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit opened flat against the US dollar today as looming risks surrounding next week’s US election kept investors cautious.
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KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit opened flat against the US dollar today as looming risks surrounding next week’s US election kept investors cautious.
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.
By Anas Abu Hassan
KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit rebounded against the US dollar to end marginally higher today, as the greenback retreated after key United States (US) inflation data came in above expectations.
KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst.
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia is on track to achieve the status of a developed and high-income country, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
KUALA LUMPUR, Oct 5 (Bernama) -- The MADANI government will address the issue of inflation in Budget 2025, which will be tabled on Oct 18, Prime Minister Datuk Seri Anwar Ibrahim said.
By Wong Chun Wai
KUALA LUMPUR, Sept 29 (Bernama) -- It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit jumped against the US dollar at the close on Tuesday, reaching its highest level in 34 months after China unveiled a stimulus package aimed at revitalising its economy.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s inflation rate easing to 1.9 per cent in August 2024 has raised concerns about the implications of a RON95 targeted subsidy mechanism, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit revisits the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted CPI increase of 1.9 per cent and a 50 basis point interest rate cut by the US Federal Reserve.
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said.
KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.