Ringgit Weakens Against US Dollar As Trade War Escalates
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 28 (Bernama) -- The ringgit closed lower against the US dollar on Friday as concerns over an escalating trade war weighed on sentiment.
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By Siti Noor Afera Abu
KUALA LUMPUR, Feb 28 (Bernama) -- The ringgit closed lower against the US dollar on Friday as concerns over an escalating trade war weighed on sentiment.
KUALA LUMPUR, Feb 28 (Bernama) -- Cautious market sentiment and a lack of local catalysts have led the ringgit to trade easier against the US dollar at the opening today.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit weakened further against the US dollar amid mixed market sentiments following the US government’s preparations to impose 25 per cent tariffs on Canada and Mexico in early March.
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit extended its decline against the greenback at today’s close, following a weaker-than-expected United States consumer confidence report.
HANOI, Feb 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the cooperation between national oil company Petroliam Nasional Bhd (Petronas) and the Vietnam Oil and Gas Group (Petrovietnam) in the maritime border area of both countries will be formalised in May this year.
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit rebounded against the US dollar at the opening today after a weaker-than-expected US consumer confidence report weighed on the greenback, reinforcing the narrative that monetary policy easing in the United States should remain intact this year.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit weakened against the US dollar at close today, after reaching a nearly three-week high, highlighting the challenges of breaking below the RM4.40 level following US President Donald Trump's announcement that tariffs on Mexico and Canada would proceed as planned.
KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is on the right track to unleash its potential as its economy remains on a steady course, bolstered by government reforms and strong economic fundamentals, according to HSBC's ASEAN economist Yun Liu.
KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit opened marginally higher against the US dollar this morning with further attempts expected to break below the RM4.40 level as traders and investors observe the next move in respect to US tariffs.
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit extended its gains to close stronger against the US dollar on Monday, supported by easing US-China trade tension and weaker US economic data that initially pressured the dollar.
By Anas Abu Hassan
KUALA LUMPUR, Feb 24 (Bernama) -- The Kuala Lumpur rubber market ended mixed today tracking the performance of regional rubber futures markets amid concerns over escalating global trade tensions, said a dealer.