12d ago
By Harizah Hanim Mohamed and Danni Haizal Danial Donald
KUALA LUMPUR, Jan 23 (Bernama) – The MADANI Government’s bold measures to reinforce the economy has proven to be a positive reset, culminating in the ringgit breaking through the psychological barrier of 4.0 versus the US dollar and reaching a more than seven-year high of 3.99 in intra-day trading.
12d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped three days' gains to end lower on Friday due to weaker crude oil and soybean oil prices, said a trader.
12d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit broke through the key psychological level of 4.00 against the US dollar, touching a more than seven-year high of 3.9992 earlier today, buoyed by a robust outlook for Malaysia’s economy, easing geopolitical tensions, and the decision to maintain the Overnight Policy Rate.
12d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia’s benchmark index recouped earlier losses to settle higher, maintaining a more than six-year high, buoyed by continued buying interest in technology stocks, while the strengthening of the ringgit against the US dollar further lifted investor sentiment.
12d ago
KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit briefly touched the 3.99 psychological level against the US dollar at 2.27 pm today.
12d ago
KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit opened near a five-year high against the US dollar on Friday after Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) kept the Overnight Policy Rate (OPR) at 2.75 per cent.
13d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended its upward momentum to close higher on Thursday for the third consecutive day, supported by improved market sentiment, said an analyst.
13d ago
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed firmer against the US dollar on Thursday, supported by improved market sentiment following Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR).
13d ago
KUALA LUMPUR, Jan 22 (Bernama) -- The Kuala Lumpur rubber market finished lower on Thursday amid mixed performance in the regional rubber futures market, a dealer said.
13d ago
BUKIT MERTAJAM, Jan 22 (Bernama) -- YBS International Bhd (YBS) is projecting its revenue to increase sharply from RM100 million to RM600 million following the completion of a landmark strategic investment to acquire the Allied Group of Companies.
13d ago
KUALA LUMPUR, Jan 22 (Bernama) -- AmBank anticipates that the ringgit will trade within a range in the first half of 2026, before approaching the 3.94 level against the US dollar in the latter half of the year, supported by Malaysia’s positive economic outlook.
13d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, as the market priced in expectations that Bank Negara Malaysia (BNM) would keep the overnight policy rate (OPR) unchanged at 2.75 per cent at its policy meeting later in the day, offsetting a firmer tone in the greenback.