2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.
2m ago
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.
2m ago
KUALA LUMPUR, Nov 3 (Bernama) -- MBSB Investment Bank Bhd has revised its base case for the ringgit, expecting it to strengthen further against the US dollar and projecting an average forecast for the year to RM4.25 from RM4.30 previously.
2m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 29 (Bernama) -- The Malaysian rubber market closed mixed today amid optimism over potential Chinese stimulus, a dealer said.
2m ago
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit continued to open higher against the US dollar on Tuesday, buoyed by recent US-Malaysia trade deals that have increased appetite for the local currency, an analyst said.
2m ago
KUALA LUMPUR, Oct 17 (Bernama) -- The ASEAN Power Grid (APG) is entering a new phase of expansion, focusing on longer regional interconnections that are critical to delivering renewable energy across the region, said Energy Commission chief executive officer Siti Safinah Salleh.
3m ago
KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s net borrowings are expected to decline slightly in 2026 as further fiscal consolidation under the government’s medium-term fiscal strategy reduces the deficit to RM74.6 billion (2025: -RM76.7 billion), CIMB Investment Bank Bhd said.
3m ago
By Mikhail Raj Abdullah, Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 10 (Bernama) – Higher exports of semiconductors and artificial intelligence (AI) edge applications will be among a slew of factors sustaining Malaysia’s economic growth next year at a commendable rate of between 4.0 and 4.5 per cent – against 4.0 to 4.8 per cent this year – despite acute trade challenges, the Ministry of Finance (MoF) said today.
3m ago
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit appreciated against the US dollar and other major currencies at the opening today, supported by positive sentiment ahead of the tabling of the national budget this Friday.
3m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit closed marginally higher on Tuesday against the US dollar amid renewed buying interest.
3m ago
KUALA LUMPUR, Oct 3 (Bernama) -- Emerging market currencies, including the ringgit, are expected to benefit from a possible further weakening of the greenback amid economic uncertainty stemming from the US government shutdown.
3m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit extended gains against the US dollar at Friday’s opening, buoyed by expectations that a prolonged US government shutdown could prompt the Federal Reserve (Fed) to ease monetary policy.