Ringgit Surges To 4.11 Against Greenback, Highest In Four Years And Five Months

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit surged to 4.11 against the greenback at the close on Thursday, hitting a new high in almost four and a half years, as weaker economic data in the United States continued to heighten expectations of a cut in US interest rates.

Rubber Market Ends Lower Tracking Regional Markets, Stronger Ringgit

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking declines in regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer.

Bursa Malaysia Stays Lower At Midday On Persistent Selling

KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia stayed lower at midday on Thursday due to persistent selling in selected heavyweights, led by the utilities and financial services sectors.  

Ringgit Extends Gains, Opens At 4.11 Against US Dollar

By Karina Imran & Naveen Prabu

KUALA LUMPUR, Dec 4 -- The ringgit opened firmer at RM4.11 level against the US dollar this morning as markets priced in higher odds of United States (US) monetary easing next week.

Ringgit Bounces To Fresh 14-month High As US Dollar Weakens On Expected Rate Cut

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit jumped to a fresh 14-month high against the greenback on Wednesday, hitting 4.1200 at the close as the continued anticipation of an interest rate cut by the US Federal Reserve (Fed) next week weighed on the dollar.

Rubber Market Ends Mixed Amid Softer Regional Futures

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 3 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday following downward momentum in regional rubber futures and a slightly stronger ringgit against the US dollar, a dealer said.

Bursa Malaysia Opens Higher In Sync With Wall Street Gains

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia opened higher today in sync with Wall Street’s overnight gains as sentiment was bolstered by the return of interest in risky assets underscored by gains in Bitcoin.

Ringgit Opens Marginally Higher Against Greenback

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday as traders opted for a wait-and-see mode ahead of the US Federal Open Market Committee (FOMC) meeting where an interest rate cut is highly anticipated, said an economist.

Rubber Market Ends Higher Amid Concerns Over Natural Rubber Supply Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 2 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, lifted by ongoing concerns over natural rubber (NR) supply in Thailand, the world’s largest rubber producer, a dealer said.

Ringgit Opens Firmer Against US Dollar, Major Currencies

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies, buoyed by expectations of US interest rate cuts as weaker US economic data weighed on the greenback.

Gold Keeps Shining, But The Spark To Hit US$5,000 Isn’t There Yet

KUALA LUMPUR, Dec 2 (Bernama) -- When Bernama first reported in March that gold had caught fire and could potentially climb towards US$5,000 per troy ounce by year-end, the precious metal was already rewriting the record books. 

Ringgit Ends Flat Against US Dollar Ahead Of FOMC Meeting Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 1 (Bernama) – The ringgit ended flat against the US dollar today as traders adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.