KUALA LUMPUR, Nov 1 — Bank Negara Malaysia (BNM) will tighten its policy rate by a quarter point for the fourth time in a row on Thursday (November 3) as upside risks to inflation persist and to support the weakening currency, a Reuters poll showed.

KUALA LUMPUR, Nov 1 — The ringgit extended its downtrend to open lower against the greenback today as investors remained cautious ahead of the US Federal Reserve’s (Fed) decision on interest rates and on a decline in oil prices.

KUALA LUMPUR, Oct 31 — MIDF Research has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 6.6 per cent despite concerns over external developments.

KUALA LUMPUR, Oct 31 — The ringgit ended the last day of October easier against the US dollar as investors remained cautious ahead of the key central banks’ monetary policy statements this week, an analyst said.

KUALA LUMPUR, Oct 31 — The banking system continued to maintain healthy liquidity positions, recording a strong liquidity coverage ratio of 152.5 per cent in September, a position which remained supportive of intermediation activities, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Oct 31 — The ringgit opened marginally lower for the third consecutive trading day against the US dollar today, ahead of the US Federal Reserve’s (Fed) decision on interest rates this week, said a dealer.

KUALA LUMPUR, Oct 29 — Interest-rate jitters are set to induce fresh anxiety in the local equities market and weigh on risk sentiment next week as investors await the outcome of the Federal Open Market Committee and Bank Negara Malaysia's (BNM) November meetings.

KUALA LUMPUR, Oct 29 — The ringgit is expected to trade cautiously against the US dollar next week as traders look towards the US Federal Reserve’s (Fed) decision on a possible interest rate hike on November 2.

KUALA LUMPUR, Oct 28 — The ringgit ended lower against the US dollar on Friday, extending its losing streak ahead of the US Federal Reserve’s (Fed) decision next week on interest rates, said a dealer.

KUALA LUMPUR, Oct 28 — Malaysia’s Producer Price Index (PPI) for local production for September 2022 increased by 4.9 per cent year on year, although this eased from the 6.8 per cent recorded in the previous month, said the Department of Statistics Malaysia (DOSM).

SINGAPORE, Oct 28 — Growth in the Asia and Pacific region is expected to slow down in 2022 and 2023 as the region is facing three formidable headwinds “which may prove to be persistent”, according to the International Monetary Fund (IMF).

KUALA LUMPUR, Oct 28 — The ringgit opened lower against the US dollar today as mixed  United States (US) economic data continued to support the greenback.

KUALA LUMPUR, Oct 27 — Malaysia's January - July 2022 furniture exports have recorded an increase versus a year ago despite the many challenges facing the industry, the Malaysian Furniture Council (MFC) said.

KUALA LUMPUR, Oct 27 — The ringgit reversed yesterday’s gain and closed easier against the US dollar as the local note’s bearish trend continues in the medium and long term, said a dealer.

KUALA LUMPUR, Oct 27 — The ringgit opened higher against the US dollar today following expectations that the United States (US) Federal Reserve (Fed) will slow the pace of interest rate hikes until the end of the year.

KUALA LUMPUR, Oct 26 — The retail prices of RON95 and RON97 petrol and diesel will remain unchanged for the week from October 27 to November 2.

KUALA LUMPUR, Oct 26 — The ringgit closed higher against the greenback for the second consecutive day as weaker US consumer data lifted hopes that the US Federal Reserve (Fed) would soften its monetary stance of aggressive interest rate hikes.

KUALA LUMPUR, Oct 26 — The ringgit opened marginally higher against the US dollar as the lower United States (US) consumer confidence data took a toll on the greenback.

KUALA LUMPUR, Oct 25 — The ringgit closed marginally higher on Tuesday.

KUALA LUMPUR, Oct 25 — The number of employed persons in 2021 was 15.06 million, with 1.5 million of them involved in the agriculture sector, according to the Department of Statistics Malaysia (DOSM).