1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar today after US job openings dropped to the lowest level in more than three and a half years in September, sustaining the narrative for more interest rate cuts in the United States.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit closed lower against the US dollar for the second consecutive day amid waning risk appetite for the domestic currency ahead of the US presidential election next week, said an analyst.
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- The International Air Transport Association (IATA) announced that it will offer digital currencies in the financial settlement systems it operates for the aviation industry.
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit rebounded to open slightly higher against the US dollar today, despite cautious sentiment ahead of next week’s United States (US) presidential election and the Federal Open Market Committee (FOMC) meeting.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit eased against the US dollar at the close today amid cautious sentiment ahead of the United States (US) presidential election next week, said an analyst.
1y ago
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened slightly higher against the US dollar today with market sentiment remaining guarded as the world braces for the US presidential election which will be held on Nov 5.
1y ago
By Abdul Hamid A. Rahman
KUALA LUMPUR, Oct 27 (Bernama) -- Malaysia’s recognition as one of the 13 nations officially added to BRICS presents significant economic opportunities, opening doors to trade, investment, and cooperation with the world’s largest emerging markets, including Brazil, Russia, India, China, and South Africa.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit is expected to trade sideways against the US dollar next week, moving in the RM4.34-RM4.35 range, as markets await the US presidential election on Nov 5.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit extended its positive momentum to close higher against the US dollar today following weaker demand for the greenback.
1y ago
By Abdul Hamid A. Rahman
KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s official admission as a BRICS partner country, along with its role as ASEAN chairman in 2025, positions the nation as a bridge in advocating for regional economic resilience and collaboration between the two blocs.
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit extended positive momentum to trade higher against the US Dollar in the early session today, supported by continued buying demand as more investors shifted to currencies from emerging countries, including the ringgit, an analyst said.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- The government will continue to promote the use of local currency in international settlements and periodically enhance mechanisms with strategic partner countries.