Ringgit Likely To Trade Between 4.13-4.16 With Slight Upward Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.

Ringgit Ends Firmer Against US Dollar Despite Strong US Jobs Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit ended higher against the US dollar today, tracking gains by several regional currencies despite the stronger-than-expected United States nonfarm payrolls report for September.

Ringgit Opens Marginally Higher Against Greenback

KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday, extending its recent gains as improved regional sentiment supported emerging Asian currencies.

Waste No Time In Beefing Up Trade And Investment Ties, Anwar Tells Malaysian And Ethiopian Businesses

From M. Saraswathi

ADDIS ABABA (Ethiopia), Nov 19 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim has called on businesses in both Malaysia and Ethiopia to not waste time anymore but to beef up bilateral trade and investment ties in view of the disruptions and challenges in the international arena.

Ringgit Likely To Stay Within 4.10-4.15 Range Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit is expected to trade within the 4.10-4.15 range against the US dollar next week, supported by Malaysia’s resilient macroeconomic fundamentals amid shifting expectations over the United States’ monetary policy.

Ringgit Rises Vs Greenback On Lower Us Treasury Yields

KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by continued declines in US Treasury yields that weighed on the greenback.

No Immediate Need To Reduce OPR, Malaysia's Economic Outlook Remains Resilient - Analysts

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid. 

Ringgit Retreats After Five-day Rally Amid Mixed Fed Signals

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.

Ringgit Extends Gain For Seventh Day After US Rate Cut

 KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.

Ringgit Extends Gains For Fifth Straight Day On Positive Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit strengthened for the fifth straight day against the US dollar and other major currencies, supported by improved risk appetite following the successful conclusion of the ASEAN Summit, which helped boost investor confidence in Malaysia's regional stability and economic integration.

Ringgit Opens Higher Against US Dollar, Lifted By ASEAN Summit Success

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains on Wednesday, opening higher against the US dollar, supported by positive sentiment following the success of the 47th ASEAN Summit and Related Summits in Kuala Lumpur, an analyst said.

Ringgit Opens Higher Against Greenback Ahead Of FOMC Meeting

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday amid investors’ caution ahead of the Federal Open Market Committee (FOMC) meeting scheduled on Oct 28-29, an analyst said.