No Immediate Need To Reduce OPR, Malaysia's Economic Outlook Remains Resilient - Analysts

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid. 

Ringgit Opens Stronger Vs US Dollar, Market Awaits OPR Decision

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit continues to strengthen against the US dollar this morning after closing 0.14 per cent higher at yesterday’s close, with all eyes on Bank Negara Malaysia’s Monetary Policy Committee’s decision on the overnight policy rate (OPR) later today.

Ringgit Closes Higher Vs Greenback Ahead Of OPR Announcement Tomorrow

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday ahead of the Overnight Policy Rate (OPR) announcement tomorrow.

Maintaining OPR At 2.75 Pct Provides Better Predictability In Borrowing Costs - Economist

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 5 (Bernama) -- Maintaining the Overnight Policy Rate (OPR) at 2.75 per cent would provide better predictability in borrowing costs, allowing Malaysians to plan capital expenditures and asset purchases with confidence, said an economist. 

Ringgit Opens Steady Vs Greenback Ahead Of Rate Decisions

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.

Ringgit Rebounds As Weak US Data, Fed Uncertainty Weighs On Greenback

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded to close higher on Tuesday as weaker US economic data and uncertainty over the US Federal Reserve's (Fed) next monetary policy move weighed on the greenback.

Ringgit Rises As Weaker US Dollar Faces Policy Uncertainties

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit opened higher against the US dollar and stayed on a firm footing, as lingering uncertainty over US monetary policy weighed on the greenback.

Ringgit Eases Vs Greenback Ahead Of Key US Economic Data

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit closed lower compared to the greenback on Monday on a lack of catalysts for the local note ahead of the release of key US economic data.

Ringgit Opens Near One-year High Against US Dollar Ahead Of MPC Meeting

KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of November, nearing its one-year high, with traders anticipating an unchanged overnight policy rate (OPR) at 2.75 per cent.

Ringgit Likely To Trade On Positive Note Next Week Ahead Of BNM Policy Decision

KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit is expected to maintain its positive momentum next week, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee’s (MPC) decision on the overnight policy rate (OPR) on Nov 6 likely to be the main highlight.

Ringgit Ends Firmer On Improved Risk Sentiment, Easing Trade Tensions Between US And China

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit ended firmer against the greenback and major currencies on Friday, supported by improved risk sentiment following the easing of trade tensions between the United States and China.

Ringgit Opens Flat Vs Greenback As Markets Digest Fed’s Hawkish Rate Cut

 KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit opened almost flat against the US dollar as traders and investors reacted to the US Federal Reserve (Fed)’s unexpectedly hawkish interest rate cut on Thursday, an analyst said.