17d ago
By Anas Abu Hassan
KUALA LUMPUR, July 10 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today, driven by a softer US dollar amidst the ongoing global trade tension.
17d ago
By Anas Abu Hassan
KUALA LUMPUR, July 10 (Bernama) -- The ringgit rebounded to end higher as the US dollar fluctuated on Thursday amid rising trade tensions after the United States government issued new tariff threats on the global market, an analyst said.
17d ago
KUALA LUMPUR, July 10 (Bernama) -- Global asset manager Manulife Investment Management (Manulife IM) expects the ringgit to strengthen against the US dollar in the second half of 2025 (2H2025), supported by gains in Asian markets.
17d ago
KUALA LUMPUR, July 10 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, as markets shrugged off Bank Negara Malaysia’s (BNM) 25-basis-point Overnight Policy Rate (OPR) cut to 2.75 per cent yesterday.
18d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.
18d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 9 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today as the US dollar strengthened, decreasing bullion demand.
18d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 9 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday, as investors remained cautious ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting, with economists divided over the likelihood of an Overnight Policy Rate (OPR) cut, said an analyst.
19d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed lower against the US dollar as market sentiment weakened amid the United States’ (US) latest reciprocal tariff policy adjustments, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting tomorrow.
19d ago
KUALA LUMPUR, July 8 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as market sentiment turned cautious following the United States’ (US) latest reciprocal tariff policy adjustments, which will take effect on Aug 1, 2025, said an analyst.
20d ago
KUALA LUMPUR, July 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Monday as the US dollar strengthened, analysts said.
20d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed weaker against the US dollar on Monday but traded better against major currencies, as traders and investors are observing the United States (US) tariff situation, an analyst said.
20d ago
By K. Naveen Prabu
KUALA LUMPUR, July 7 (Bernama) -- The Malaysian rubber market closed lower on Monday, tracking losses in regional rubber futures and a decline in crude oil prices, a dealer said.