Ringgit Rebounds To 3.9190 Vs Greenback On US Uncertainties

KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit rebounded against the US dollar at Friday’s open as persistent uncertainties in the United States continued to weigh on the greenback, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said.

CPO Futures End Higher On Stronger Export Demand Expectations

By K. Naveen Prabu

KUALA LUMPUR, Jan 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today on expectations of stronger export demand in the coming weeks, a dealer said.

Ringgit Retreats Against US Dollar After Fed Holds Rates

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit closed lower against the US dollar today following the United States Federal Reserve’s decision to keep interest rates unchanged, which supported the greenback.

Bursa Malaysia Bucks Regional Trend, CI Down 1.43 Pct At Midday

KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia bucked the regional trend and extended its decline at midday on continuous selling in selected blue-chip counters due to profit-taking activities. 

Ringgit Rises To 3.9130 Vs Greenback On Strong Fundamentals, US Fed Holds Rates

KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit opened marginally firmer against the US dollar on Thursday, supported by confidence in Malaysia’s economic growth and solid domestic fundamentals, as investors digested the US Federal Reserve (Fed)’s decision to keep interest rates unchanged.

CPO Futures End Higher On Soybean Oil, Crude Oil Gains

By K. Naveen Prabu

KUALA LUMPUR, Jan 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, tracking gains in soybean oil.

Ringgit Surges For Third Day, Closing At 3.9175 vs US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit jumped to a seven-year high to close at 3.9175 versus the US dollar on Wednesday as improved risk sentiment and a softer greenback continued to support the local currency, which rose for the third consecutive day this week.

Rubber Market Ends Higher On Supply Tightness Concerns, Firmer Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, Jan 28 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by greater expectation of supply tightness, said a dealer.

Ringgit Stages Comeback, Among Asia’s Best Performers, Says World Bank Economist

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it one of Asia’s best-performing currencies, said World Bank lead economist for Malaysia Apurva Sanghi.

Ringgit Firms To 3.9170 Vs US Dollar At Lunch Break

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit strengthened to 3.9170 against the US dollar at Wednesday’s lunch break, extending gains from earlier sessions on renewed market confidence.

Malaysia's Growth Supported By Solid Fundamentals, Diversified Economy - BNM Governor 

By Karina Imran

KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia’s economic growth outlook continues to be supported by solid fundamentals. Our economy is highly diversified and our domestic demand is resilient, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Ringgit Firms To 3.9485 As Weak US Data Pressures Greenback

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday, supported by weaker US economic data that continued to weigh on the greenback.