Govt Reforms Supporting Ringgit's Strength Vs Regional Currencies

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit has shown stronger performance versus regional currencies, driven by investor confidence in the country's reform agenda.

OPR Decision Will Continue to Be Driven by Domestic Factors - Amir Hamzah

KUALA LUMPUR, Oct 16 (Bernama) -- Bank Negara Malaysia’s (BNM) decision on the Overnight Policy Rate (OPR) will continue to be driven by the country’s growth and inflation outlook, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

FinbotsAI, Worldline To Provide Financial Institutions AI Credit Modelling Access

KUALA LUMPUR, Oct 15 (Bernama) -- FinbotsAI, an Accel portfolio fintech, has collaborated with Worldline, a global payments leader, to put artificial intelligence (AI) credit modelling in the hands of financial institutions.

Ringgit Strengthens Against US Dollar At The Opening

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit strengthened against the US dollar at the opening today, boosted by optimism over the upcoming Budget 2025, which will be announced this Friday.

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

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. 

Ringgit Retreats Against US Dollar Ahead Of US Inflation Data

By Anas Abu Hassan

KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit retreated to close lower against the US dollar today as traders awaited key United States (US) inflation data that may influence the pace of Federal Reserve (Fed) interest rate cuts.  

Rubber Market Ends Lower In Tandem With Regional Rubber Futures

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today influenced by the downtrend in the regional rubber futures markets as traders respond to the minutes of the United States (US) Federal Reserve meeting, a dealer said.

Bursa Malaysia Maintains Uptrend At Midday

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia maintained its uptrend at midday, with the key index increasing by 0.48 per cent, lifted by buying interest in selected heavyweights amidst firmer performance in regional markets.

Ringgit Opens Lower As US Signals Gradual Approach To Cutting Interest Rates

KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit opened lower against the US dollar as the minutes of the US Federal Reserve (Fed) meeting showed Fed officials were divided on whether to cut interest rates by half a point in September, implying smaller cuts going forward, said an analyst.

Bursa Malaysia Opens Firmer Ahead Of Key US Data Releases

 KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia opened firmer today, ahead of the US Federal Open Market Committee meeting minutes release and key inflation data due this week, an analyst said.

Ringgit Opens Slightly Higher As Investors Focus On US Rate Cut Pace

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened slightly higher against the US dollar as investors shifted their attention to the extent and timing of anticipated US interest rate cuts, confident that monetary easing will persist, said an economist.

Ringgit Down Amid Rising US Yields, Uncertainty Over Rate Cuts

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.