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Ringgit Ends Three-day Rally Against US Dollar Amid Geopolitical Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, May 22  (Bernama) -- The ringgit retreated against the US dollar on Friday, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance adopted by central banks globally.

Ringgit Opens Higher Against Greenback, Major Currencies

KUALA LUMPUR, May 22 (Bernama) -- The ringgit opened firmer against the US dollar and major currencies on Friday, supported by easing geopolitical tensions in West Asia and Malaysia’s improving macroeconomic outlook.

Ringgit Closes Higher Against US Dollar, Regional Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, May 21 (Bernama) -- The ringgit closed higher against the US dollar today, supported by Malaysia’s favourable domestic fundamentals.

DRB-HICOM 1Q Net Profit More Than Doubles To RM45 Mln

KUALA LUMPUR, May 21 (Bernama) -- DRB-HICOM Bhd’s net profit more than doubled to RM45 million in the first quarter ended March 31, 2026 (1Q) from RM17.72 million in the same period last year.

Ringgit Opens Firmer Against US Dollar On Easing West Asia Tensions

By K. Naveen Prabu

KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, supported by easing geopolitical tensions in West Asia.

Ringgit Firmer Against US Dollar AS Stronger Export Performance Lifts Market Sentiment

By Harizah Hanim Mohamed

KUALA LUMPUR, May 20 (Bernama) -- The ringgit firmed against the US dollar as market sentiment improved on the back of Malaysia’s trade performance, which rose 28.6 per cent year-on-year (y-o-y) to a record RM336.73 billion in April 2026.

Gold Remains Relevant As Investments Despite Weakening Correlation With Currencies

KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.

Ringgit Opens Mixed Against Regional Peers Amid Stronger US Jobs Data

KUALA LUMPUR, May 20 (Bernama) -- The ringgit opened mixed against regional peers and was mostly firmer against major currencies today, amid cautious market sentiment following stronger-than-expected United States jobs data.

Ringgit Ends Firmer Vs Major Currencies, Eases Against Greenback

KUALA LUMPUR, May 19 (Bernama) -- The ringgit ended mostly higher against major currencies but eased against the US dollar on Tuesday as market participants await further developments in West Asia negotiations between the United States (US) and Iran.

NIF To Support Malaysia’s Long-Term Economic Goals - MIDA

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 19 (Bernama) -- The New Incentive Framework (NIF) reflects a broader shift towards encouraging investments that contribute more meaningfully to Malaysia’s long-term economic priorities, according to Malaysian Investment Development Authority (MIDA).

SMEs Urged To Upgrade Capabilities, Embrace ESG Standards Under NIF

KUALA LUMPUR, May 19 (Bernama) -- Malaysian small and medium enterprises (SMEs) must upgrade their capabilities and embrace rising global competitiveness and environmental, social and governance (ESG) standards under the New Investment Framework (NIF) to remain integrated within the global supply chains, said an economist.

Ringgit Opens Slightly Higher Against USD Amid West Asia Developments

KUALA LUMPUR, May 19 (Bernama) -- The ringgit opened slightly higher against the US dollar on Tuesday as market sentiment continued to focus on developments in West Asia.