Ringgit Regains Strength Against US Dollar At Opening
KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst.
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Ringgit Softer VS US Dollar On Profit-taking After Recent Sharp Gains
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit eased against the US dollar at the close on Thursday due to profit-taking following its sharp gains earlier in the week, and on caution ahead of US personal consumption expenditures data tomorrow, according to an analyst.
Government Urged To Expand Digital Grants For SMEs In Budget 2025
By Anas Abu Hassan
KUALA LUMPUR, Sept 26 (Bernama) -- The government has been urged to expand digital grant incentives for businesses, particularly small and medium-sized enterprises (SMEs), in the upcoming Budget 2025 to accelerate the adoption of emerging technologies, an analyst said.
Ringgit Retreats To 4.13 At Opening As Investors Take Profits
KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit retreated against the US dollar on Thursday, taking a breather from recent gains as investors cashed out profits following its considerable appreciation, an economist said.
Ringgit Hits Strongest Level Since June 2021, Rises 0.69 Pct Against USD
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit rallied to 4.1275/1310 against the US dollar on Wednesday, marking its strongest level since June 2021.
MAPIM Calls For Cross-political Support To Revitalise, Propel Economy
KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Consultative Council of Islamic Organisations (MAPIM) has called on all parties, regardless of political ideology, to support the MADANI Government’s efforts to revitalise and strengthen the national economy in the current situation where the ringgit continues to strengthen.
Affin Bank Upbeat On Malaysian Economy Amidst Low Global Recession Possibility
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
Lower Inflation Helps Ringgit Extend Gain Against US Dollar At Close
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said.
Akwel Anticipates Minor Sales Drop For Current Fiscal Year
KUALA LUMPUR, Sept 23 (Bernama) -- AKWEL, the automotive and heavy goods vehicle (HGV) components manufacturer, has posted a net income of 20.2 million euros, giving a net margin of 3.8 per cent for the first half of 2024. (1 euro = RM4.68)
BNM's International Reserves Rise To US$117.6 Bln As Of Sept 13
KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’s international reserves rose to US$117.6 billion as of Sept 13, 2024, from US$116.8 billion (US$1= RM4.2005) as at Aug 30, 2024.
Ringgit Kicks Off The Week In Steady Mode, Bullish Outlook Remains
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened almost flat on Monday and is expected to retain its bullish trend as the United States (US) Federal Reserve’s (Fed) rate cut last week signalled a soft landing for the US economic growth.
Ringgit Set To Continue Bullish Bias Vs US Dollar Next Week
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst.