Ringgit Likely To Trade In 4.26-4.29 Range Next Week - Analyst

By Abdul Hamid A Rahman

KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.

Ringgit Slips Against US Dollar On Cautious Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, May 16 (Bernama) -- The ringgit closed lower against the US dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the United States.

Two Or Fewer Fed Fund Rate Cuts In 2025, Ringgit To Stay 4.4-4.5 To US Dollar By December

KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.

Main Market-bound Paradigm REIT Aims To Raise RM560 Mln From IPO

PETALING JAYA, May 16 (Bernama) -- Main Market-bound Paradigm Real Estate Investment Trust (Paradigm REIT) aims to raise RM560 million from its initial public offering (IPO).

Malaysia Posts RM16.7 Bln Surplus In Current Account Balance In 1Q 2025  -- DOSM

KUALA LUMPUR, May 16 (Bernama) -- Malaysia’s current account balance (CAB) recorded a RM16.7 billion surplus in the first quarter of 2025 (1Q 2025), equivalent to 3.4 per cent of the gross domestic product (GDP), supported by net exports of goods and a smaller deficit in the secondary income account, said Statistics Department Malaysia (DOSM).

Ringgit Continues To Improve Ahead Of Malaysia's 1Q GDP Announcement

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.

Rubber Market Ends Lower After Four-day Rally On Weaker Oil Prices, Stronger Ringgit

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 15 (Bernama) -- The Malaysian rubber market snapped a four-day winning streak to close lower on Thursday, weighed down by losses in regional rubber futures markets, a sharp drop in crude oil prices, and the continued strengthening of the ringgit against the US dollar, said a dealer.

Gold Likely To Keep Rallying Until Next Year Amid Global Uncertainties -- UBS

KUALA LUMPUR, May 15 (Bernama) -- UBS Investment Bank remains bullish on gold and expects the precious metal to continue to rally, likely until the second or third quarter of next year, amid global uncertainties. 

Ringgit Opens Higher Against US Dollar As US-China Trade Tensions Ease

By Engku Shariful Azni Engku Ab Latif and Harizah Hanim Mohamed

KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.

Ringgit Weakens Against US Dollar, Gains Versus Other Currencies

KUALA LUMPUR, May 13 (Bernama) -- The ringgit closed lower against the US dollar today as investors scaled back their expectations for the United States Federal Reserve (Fed) to cut interest rates.

BNM’s 100-bps SRR Cut Gives Room To Assess US Tariff Impact - Moody’s Analytics

KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.

Bursa Malaysia Surges Higher By Midday

By Siti Noor Afera Abu

KUALA LUMPUR, May 13 (Bernama) -- Bursa Malaysia ended the morning session higher as global markets see a strong risk-on push following bullish US-China trade talks.