By Anas Abu Hassan
KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit slipped against the greenback for a third consecutive day following the rise in the US Dollar Index (DXY) ahead of the US inflation data release tonight, an economist said.
KUALA LUMPUR, Nov 13 (Bernama) -- Tun Daim Zainuddin, who passed away this morning at the age of 86, is best known as former Prime Minister Tun Dr Mahathir Mohamad’s chief economic troubleshooter.
KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit opened marginally higher against the US dollar today despite the US Dollar Index’s (DXY) strengthening, which should accelerate demand for the greenback.
By Anas Abu Hassan
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to close lower against the greenback on Tuesday as the American dollar extended its rally ahead of speeches by US Federal Reserve (Fed) officials this week and US inflation data tomorrow, an economist said.
KUALA LUMPUR, Nov 12 (Bernama) – Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.
By Anas Abu Hassan
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit retreated to close lower against the US dollar on Monday as investors turned cautious in a data-packed week that included US inflation numbers, an economist said.
KUALA LUMPUR, Nov 11 -- The ringgit was traded easier against the US dollar at today’s opening with demand for the greenback improving on the back of global political and economic uncertainties, an economist said.
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit closed stronger against the US dollar today, driven by broad market optimism.
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued its downward momentum against the US dollar on Thursday, albeit marginally, weighed by a decline in Malaysia's international reserves, said an economist.
KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.
KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.
