KUALA LUMPUR, Jan 9 — The ringgit extended yesterday’s gains to close higher against the US dollar on Tuesday amid more investors returning to emerging currencies, dealers said.

KUALA LUMPUR, Jan 8 — The ringgit closed higher against the US dollar on Monday, eking out a marginal gain after recent losses as funds flowed back into emerging markets.

KUALA LUMPUR, Jan 8 — MIDF Amanah Investment Bhd (MIDF Research) expects the ringgit to appreciate to RM4.20 against the US dollar by end-2024, benefitting from the reversal of fund flows going back into the emerging markets.

KUALA LUMPUR, Jan 8 — Bank Negara Malaysia’s (BNM) international reserves rose to US$113.5 billion by December 29, 2023, from US$112.8 billion in December 15, 2023.

KUALA LUMPUR, Jan 8 — The ringgit reversed its downward trend to open on a positive note on Monday as the US dollar moved flat after the latest United States (US) hiring data repudiated concerns of a recession.

KUALA LUMPUR, Jan 6 — AirlineRatings.com has named AirAsia Group, including medium-haul affiliates AirAsia X and Thai AirAsia X, as one of the safest low-cost carriers in the world for 2024.

KUALA LUMPUR, Jan 5 — The ringgit extended a negative trend on Friday against the US dollar, with sentiment continuing to be hamstrung by the expectation that the higher-for-longer rate narratives are likely to prevail.

KUALA LUMPUR, Jan 4 — The ringgit ended almost flat against the greenback on Thursday as the United States (US) Federal Open Market Committee (FOMC) meeting minutes provided little clue about when a rate cut will happen.

PUTRAJAYA, Jan 4 — The rubber plantation sector needs an estimated 80,000 workers to meet the needs of rubber smallholders, said Plantations and Commodities Minister Datuk Seri Johari Abdul Ghani.

KUALA LUMPUR, Jan 2 — The ringgit fell on the first trading day of 2024 on caution ahead of a slew of economic data due this week, including European inflation and US jobs data.

KUALA LUMPUR, Jan 2 — The Central Database Hub (Padu), launched today by Prime Minister Datuk Seri Anwar Ibrahim with a focus on fair subsidy distribution, will help in the effort to reduce fuel subsidies by RM6 billion this year by allowing “means-testing” eligibility based on net disposable income.

KUALA LUMPUR, Dec 30 — The ringgit is likely to continue its uptrend against the US dollar next week, trading between the 4.57 and 4.58 level for the first week of 2024 on US interest rate cut expectations as early as March 2024, said an analyst.

KUALA LUMPUR, Dec 29 — The ringgit strengthened further against the US dollar on the last trading day of 2023 to reach the 4.59 level and rise against a basket of major and Asean currencies.

KUALA LUMPUR, Dec 29 — The Department of Statistics Malaysia (DOSM) has enumerated a total of 1.2 million establishments in the country following the Economic Census 2023 carried out from April to September 2023.

KUALA LUMPUR, Dec 29 — The ringgit opened higher against the greenback today as the latest economic data in the United States strengthens hopes for an early US interest rate cut, said an analyst.

KUALA LUMPUR, Dec 28 — The ringgit extended its uptrend to close higher against the US dollar today on positive sentiment anticipating a United States (US) rate cut next year, an analyst said.

KUALA LUMPUR, Dec 27 — The ringgit rebounded to close higher against the US dollar on Wednesday as the greenback weakened due to a lack of major data, said an analyst.

KUALA LUMPUR, Dec 26 — The ringgit retreated from last week’s gains to close lower against the greenback on Tuesday on declining crude oil prices and lack of demand despite a weaker US dollar, said an analyst.

KUALA LUMPUR, Dec 26 — Further improvements in the supply chain and a reduction in global demand may help to keep inflation within the 2.5-3.0 per cent range next year, says Kenanga Research.

KUALA LUMPUR, Dec 26 — As they say, when the United States (US) sneezes, the world catches a cold.