Ringgit Retreats After Three Days Of Gains
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit closed lower today, snapping three consecutive days of gains as profit-taking emerged, with traders opting to lock in earlier gains.
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By Siti Noor Afera Abu
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit closed lower today, snapping three consecutive days of gains as profit-taking emerged, with traders opting to lock in earlier gains.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit closed higher against the US dollar as investors took advantage of the greenback’s weakness ahead of comments from United States (US) Federal Reserve (Fed) officials tonight, said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit closed stronger against the US dollar on Monday following a softer-than-expected United States (US) jobs report that significantly altered market expectations on the Federal Reserve (Fed) policy, said an analyst.
KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit closed lower against the US dollar on Friday as the dollar strengthened following new tariffs imposed by the United States on its trading partners, alongside developments related to the 13th Malaysia Plan (13MP).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 22 (Bernama) -- The ringgit closed higher against the US dollar on Tuesday, amid a mixed performance in regional currencies, as investors adopted a wait-and-see approach ahead of the United States (US) tariff negotiation deadline, an analyst said.
KUALA LUMPUR, July 15 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, in line with strengthening Chinese yuan supported by upbeat China’s June economic data release, said an analyst.
KUALA LUMPUR, July 14 (Bernama) -- The ringgit closed easier against the US dollar on Monday, tracking the performance of its regional peers, as market sentiment remained extremely guarded while the foreign exchange market navigated a period of economic uncertainties.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 9 (Bernama) -- The ringgit closed lower against the greenback today as concerns over US tariffs continued to dominate market sentiment, an analyst said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed lower against the US dollar as market sentiment weakened amid the United States’ (US) latest reciprocal tariff policy adjustments, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting tomorrow.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed weaker against the US dollar on Monday but traded better against major currencies, as traders and investors are observing the United States (US) tariff situation, an analyst said.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 3 (Bernama) -- The ringgit closed higher against the US dollar today, supported by improved regional sentiment following a new United States-Vietnam trade deal, said SPI Asset Management managing partner Stephen Innes.