Upbeat 2024 GDP Performance Drives Ringgit To End Higher
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.
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By Zufazlin Baharuddin
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.
KUALA LUMPUR, Feb 14 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today, supported by an uptrend in the regional rubber futures markets as traders reacted positively to the delay in the United States (US) trade tariff implementation, a dealer said.
KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM).
By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran
KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit continues to strengthen against the US dollar and ASEAN currencies ahead of Malaysia’s 2024 gross domestic product (GDP) data release today, said an analyst.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 13 (Bernama) -- The ringgit ended higher against the US dollar today as the local note corrected from its oversold position.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 13 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by the uptrend in regional rubber futures markets, a dealer said.
By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran
KUALA LUMPUR, Feb 13 (Bernama) - The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit ended flat against the US dollar on cautious sentiment regarding the current economic outlook.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 12 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by persistent concerns over the natural rubber (NR) supply shortage as the wintering season approaches, amid mixed signals from regional rubber futures markets, a dealer said.
KUALA LUMPUR, Feb 12 (Bernama) -- Tokyo-headquartered Only One Corp, a travel agency specialising in bespoke journeys, has successfully raised 100 million Japanese yen through over 20 individual investors. (100 Japanese yen = RM2.92)
By Engku Shariful Azni Engku Ab Latif, Karina Imran & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States (US) import tariff on steel and aluminium industries supported the greenback.