Ringgit Continues To Soar Against Greenback As US Consumer Confidence Remains Weak

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit ended stronger against the US dollar today, touching 4.04, its highest level in nearly five years, after the latest data showed that consumer confidence in the United States remains weak. 

HARMAN Acquires ZF's ADAS Business For 1.5 Bln Euros To Boost SDV Platform

KUALA LUMPUR, Dec 24 (Bernama) -- HARMAN International, a wholly owned subsidiary of Samsung Electronics Co Ltd, has entered into a definitive agreement to acquire the Advanced Driver Assistance Systems (ADAS) business of ZF Group for 1.5 billion euros, strengthening its position in the fast-evolving software-defined vehicle (SDV) market. (1 Euro = RM4.77)

Ringgit Climbs To Five-year New High On Weaker Greenback In Early Trade

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit climbed to another five-year new high against the US dollar in early Wednesday trade, supported by a weaker greenback as the US dollar index (DXY) weakened.

Ringgit Climbs To Strongest Level Against US Dollar Since Early March 2021

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit climbed to another new high at Tuesday’s closing, touching 4.0615, the strongest level last seen in early March 2021, as expectations of a United States (US) interest rate cut continued to pressure the greenback.

Modon Enters Jersey City Waterfront Tower Joint Venture

KUALA LUMPUR, Dec 23 (Bernama) -- Modon Holding PSC (Modon) has announced a new joint venture to develop Harborside 4, a 54-storey residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, United States (US), marking a further step in the group’s global expansion strategy.

RHB Enhances Multi-currency Debit Card For Seamless Overseas Transactions

KUALA LUMPUR, Dec 23 (Bernama) -- RHB Banking Group plans to enhance its multi-currency debit card by adding two or three more foreign currencies by the second quarter of 2026, said its consumer finance head, Sien Vee Loc.

Ringgit Edges Up As US Dollar Index Slips

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit opened higher against the US dollar in early trade today, supported by a weaker greenback as the US Dollar Index (DXY) declined 0.33 per cent to 98.271 points amid thin trading conditions during the holiday-shortened week.

Ringgit Ends Lower Amid Profit-taking, Lack Of Fresh Market Catalysts

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 22 (Bernama) -- The ringgit ended lower against the US dollar on Monday due to profit-taking and a lack of fresh market catalysts.

Ringgit Asia’s Best-performing Currency This Year, On Track To Strengthen Further In 2026 – Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.

Ringgit Strengthens Vs US Dollar, Major Currencies On Positive Fiscal Developments

KUALA LUMPUR, Dec 22 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Monday as positive developments in the government of Malaysia’s fiscal position have contributed significantly to the ringgit’s appreciation.

Ringgit Poised To See Profit-taking After Hitting Near Six-year High Vs Greenback

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit is expected to experience profit-taking next week, hovering between RM4.07 and RM4.09 against the US dollar after hitting a near six-year high yesterday.

Ringgit Hits Near Six-Year High At 4.07 Vs Greenback

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit strengthened to the 4.07 level against the US dollar at Friday’s close, its strongest in nearly six years, following softer-than-expected US inflation data.