9m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 14 (Bernama) -- The ringgit ended lower against the US dollar on Friday, as trade war uncertainties weighed on market sentiment, said an analyst.
9m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 12 (Bernama) -- Despite global market volatility, foreign investors have remained net buyers of Malaysia’s Private Debt Securities (PDS) for five consecutive months, underscoring confidence in the country’s corporate bond market.
9m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 10 (Bernama) -- The ringgit closed lower against the US dollar on Monday on lingering trade war concerns while deflationary pressures in China further weighed on Asian currencies.
9m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.
9m ago
KUALA LUMPUR, March 6 (Bernama) -- The ringgit extended its positive run against the US dollar today as a result of a weakening greenback following greater uncertainties on the US government’s import tariffs that led to weak business and consumer sentiment, an analyst said.
10m ago
By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
11m ago
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.
11m ago
KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit opened flat against the strengthening US dollar on Thursday amid rising demand for the greenback following the release of the US Federal Reserve (Fed) minutes, said an analyst.
11m ago
By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit opened nearly flat against the US dollar as the outcome of the two-day Federal Open Market Committee (FOMC) meeting and stronger US economic data are expected to remain supportive of the dollar, an economist said.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit closed marginally lower against the greenback in the first trading day of December as investors shifted interest towards safe haven currencies, including the US dollar, an analyst said.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Bank Muamalat Malaysia Bhd was honoured with the inaugural ‘World Islamic Banking Excellence Award’ at the prestigious World Muslim Leadership Forum (WMLF) 2024 in London, United Kingdom (UK), last Friday (Nov 22).