Ringgit Opens Higher But Remains Under Pressure, Geopolitical Risks Lift US Dollar

KUALA LUMPUR, March 4 (Bernama) -- The ringgit opened slightly higher against the US dollar today but is expected to remain under pressure amid mounting geopolitical tensions, with traders continuing to favour the greenback as a safe-haven asset.

Ringgit Ends Lower As Risk Aversion Boosts US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, March 3 (Bernama) -- The ringgit ended lower against the US dollar on Tuesday as risk aversion strengthened the greenback, with investors remaining cautious amid the escalating conflict in the Middle East.

Bursa Malaysia's Key Index Rises 0.69 Pct At Close, Snaps Five-Day Losing Streak

By Siti Radziah Hamzah

KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia’s benchmark index snapped a five-day losing streak to end higher on Tuesday, recouping part of the previous day’s losses, with gains driven by banking heavyweights, oil and gas-related counters, and renewed buying interest in selected consumer retail stocks, despite weaker performances across the region..

Ringgit Edges Higher Vs Greenback As Risk-off Mood Persists

KUALA LUMPUR, March 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday, even as risk-off sentiment prevailed amid the ongoing military conflict in the Middle East.

Ringgit Eases As Prevailing Risk-off Sentiment Weighs On Local Currency

KUALA LUMPUR, March 2 (Bernama) -- The ringgit closed lower against the US dollar on Monday, as prevailing risk-off sentiment weighed on the local currency amid heightened uncertainty over the conflict in the Middle East.

OPEC+ Latest Decision To Increase Output Signals Stockpiling Exercise - Rystad Energy

KUALA LUMPUR, March 2 (Bernama) -- The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) latest decision to increase its crude oil production target by 206,000 barrels per day (bpd) for April is a signal that the grouping is prepared to use spare capacity if needed.

Ringgit Opens Marginally Lower Vs Greenback After Middle East Strike

KUALA LUMPUR, March 2 (Bernama) -- The ringgit opened marginally lower against the US dollar on the first trading day of March as risk-off sentiment intensified following a joint United States-Israel strike on Iran over the weekend.

Ringgit Likely To Trade Range-Bound Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 28 (Bernama) -- The ringgit is expected to trade range-bound against the greenback next week ahead of key data points from the United States and further developments related to the US-Iran nuclear talks.

Ringgit Ends Mostly Higher Vs ASEAN Peers But Lower Against US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit closed mostly higher against ASEAN currencies on Friday but eased against the US dollar and other major currencies as traders remained cautious amid geopolitical risks and uncertainties over US tariffs.

Ringgit Opens Higher Vs Greenback, Major, Regional Currencies

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally firmer against the US dollar and other major currencies on Friday, supported by a pullback in United States Treasury yields and early Asian session positioning, despite the US dollar index (DXY) closing slightly higher.

Malaysia Must Not Fixate On Exchange Rates But Rather On Ringgit’s Long-term Strength -- Economist

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.

Ringgit Ends Higher Against US Dollar Amid Tariff, US-Iran Deal Uncertainty

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit closed higher against the US dollar on Thursday amid uncertainty over US tariff policy and US-Iran talks.