5m ago
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.
5m ago
By Zarul Effendi Razali
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit extended yesterday’s gain to open higher against the greenback on Friday as more investors shifted toward emerging currencies on rising expectations of an interest rate cut in the United States next month and ahead of a US inflation report later today.
5m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia snapped a three-day winning streak to close at an intraday low today, as investors engaged in profit-taking after recent strong gains, in tandem with the downbeat performance in regional markets.
5m ago
KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed) chair Jerome Powell hinted at a possible interest rate cut in September.
5m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 23 (Bernama) -- The ringgit is poised to march stronger next week after the United States (US) Federal Reserve chair Jerome Powell hinted at a potential interest rate cut in September.
5m ago
KUALA LUMPUR, Aug 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, after the United States (US) Federal Reserve chair Jerome Powell signalled a possible interest rate cut in September.
5m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit ended the week higher against regional currencies, but eased against the US dollar ahead of the Jackson Hole Economic Policy Symposium later tonight as traders await signals on the United States’ (US) monetary policy.
6m ago
By Anas Abu Hassan
KUALA LUMPUR, Aug 21 (Bernama) -- The United Kingdom (UK) is open to strengthening industrial collaboration with ASEAN nations, particularly in the semiconductor industry to establish a resilient global supply chain in efforts to navigate the ongoing trade uncertainties including the possible imposition of severe tariffs by the United States (US) on the industry.
6m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit closed higher against the US dollar and its regional peers amidst cautious sentiments, after the United States Federal Open Market Committee (FOMC) meeting minutes revealed that almost all participants supported keeping the interest rate unchanged.
6m ago
KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit opened higher on Thursday as the US dollar weakened following the release of the Federal Open Market Committee (FOMC) minutes, an analyst said.
6m ago
KUALA LUMPUR, Aug 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, weighed down by a stronger US dollar and improved risk appetite, as recent geopolitical tensions began to ease.
6m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit appreciated against most major currencies but eased slightly against the greenback at the close on Wednesday amid cautious market sentiments ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.