Ringgit Opens Higher Amid Cautious Sentiments
KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid cautious sentiments due to the current global economic development, said an analyst.
| LATEST NEWS | The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar - AmBank chief economist | BNM will maintain its accommodative stance and keep the OPR steady through at least 1H2025 - AmBank chief economist | Malaysia’s GDP growth is expected to moderate to 4.6 pct in 2025, supported by infrastructure projects, private investment realisations and strong private consumption - AmBank chief economist | The KLIA aerotrain is set to resume in Q2, with no impact on Malaysia's ASEAN chairmanship - MAHB Managing Director | |
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Ringgit Ends Higher On Weaker Demand For Greenback
KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit appreciated against the US dollar on Tuesday rebounding from yesterday’s loss, following weaker demand for the greenback, said an analyst.
Ringgit Rises On US Dollar Correction
KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit opened higher against a weakening US dollar today as the Dollar Index (DXY) experienced a correction, said an analyst.
Ringgit Slips Against US Dollar At The Close
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit slipped against the US dollar at the close on Monday, reflecting the mixed performance of regional currencies, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
Ringgit Advances As Domestic Optimism Offsets US Rate Concerns
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.
Ringgit To See Tight Trading Amid Cautious Mode Next Week
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
Ringgit Stages Rebound To Close Firmer Vs US Dollar
By Anas Abu Hassan
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit staged a rebound on Friday after recent losses to finish the week higher against the American dollar despite a rising greenback buoyed by anticipation of slower US interest rate cuts, an economist said.
Ringgit Opens Marginally Higher Against US Dollar
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit traded marginally higher at today’s opening today against the US dollar despite the strengthening of the US Dollar Index (DXY), said an analyst.
Ringgit, Emerging Market Currencies Slide Against Greenback At The Close
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit, along with other emerging market currencies, continued to depreciate against the greenback on Thursday as uncertainties over Trump 2.0 policies and their impact on the US Federal Reserve’s (Fed) monetary policy looms large, an economist said.
Ringgit Opens Flat Against US Dollar
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit opened flat against the US dollar today despite the higher US dollar index (DXY).
Ringgit Continues To End Lower Vs US Dollar
By Anas Abu Hassan
KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit slipped against the greenback for a third consecutive day following the rise in the US Dollar Index (DXY) ahead of the US inflation data release tonight, an economist said.
Ringgit Opens Marginally Higher Against US Dollar
KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit opened marginally higher against the US dollar today despite the US Dollar Index’s (DXY) strengthening, which should accelerate demand for the greenback.