KUALA LUMPUR, Oct 25 — Malaysia's leading index (LI) rose 4 per cent year-on-year (y-o-y) to 111.3 points in August 2022, indicating that the economic growth momentum will continue moving forward, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Oct 25 — The ringgit opened barely changed against the US dollar due to the absence of fresh market catalysts.
LONDON, Oct 24 — A blast of suspected intervention by the Bank of Japan (BOJ) on Monday (October 24) to boost the yen did little to tame the dollar, while the pound see-sawed as former finance minister Rishi Sunak emerged as the front-runner to be the next British prime minister.
KUALA LUMPUR, Oct 22 — The ringgit is expected to decline further against the US dollar next week, possibly in the 4.75 range, analysts said.
KUALA LUMPUR, Oct 21 — The ringgit further weakened against the US dollar today, closing the week at a new all-time low of 4.738 due to the absence of fresh market catalysts, analysts said.
MELAKA, Oct 21 — The supply of eggs nationwide is expected to stabilise by the end of October as the government has provided various incentives to address shortages following soaring demand.
KUALA LUMPUR, Oct 21 — Bank Negara Malaysia's (BNM) international reserves amounted to US$104.5 billion as of October 14, 2022, sufficient to finance 5.5 months of imports of goods and services.
KUALA LUMPUR, Oct 21 — The ringgit continued its downtrend against the US dollar on Friday, opening at a fresh all-time low of 4.73 due to a lack of market catalysts, exacerbated by global market uncertainties, dealers said.
KUALA LUMPUR, Oct 20 — The ringgit continued to slide against the US dollar, breaching the all-time low that was recorded during the Asian Financial Crisis (AFC) period in 1998.
KUALA LUMPUR, Oct 20 — The ringgit opened lower against the US dollar today as investors awaited further rate actions by the United States Federal Reserve (Fed), dealers said.
KUALA LUMPUR, Oct 19 — The ringgit continued to weaken against the US dollar as demand for the greenback appreciated further on the back of higher US Treasury yields, analysts said.
KUALA LUMPUR, Oct 19 — MIDF Research has upgraded its projections for exports and imports to grow at 26 per cent and 30.5 per cent, respectively, as external demand has remained robust despite concerns over slowing global growth.
KUALA LUMPUR, Oct 19 — The retail price of RON95 and RON97 petrol and diesel will remain unchanged for the week from October 20 to October 26.
KUALA LUMPUR, Oct 19 — The National Fishermen's Association (Nekmat) aims to collect more than RM10 million in profit this year compared with RM7 million recorded last year following the increase in fishing revenue and the success of projects carried out by the association.
KUALA LUMPUR, Oct 19 — Malaysia’s trade continued its upward trajectory in September 2022, rising by 31.4 per cent to RM256.91 billion compared to the same month last year — the 20th consecutive month of double-digit growth, said the Ministry of International Trade and Industry (Miti).
KUALA LUMPUR, Oct 19 — The Securities Commission Malaysia (SC) is keen to work with intermediaries and financial technology (fintech) providers to employ Regulatory Technology (RegTech) as well as Supervisory Technology (SupTech) tools to enhance the nation’s capital market efficiency.
KUALA LUMPUR, Oct 19 — The ringgit retreated against the US dollar this morning following mild profit-taking due to worries over the United States Federal Reserve (Fed) aggressively tightening monetary policy, dealers said.
PUTRAJAYA, Oct 18 — The price of chicken is still being sold below the set ceiling price of RM9.40 per kg, according to the Ministry of Domestic Trade and Consumer Affairs (KPDNHEP).
KUALA LUMPUR, Oct 18 — The ringgit closed marginally higher against the US dollar in line with most emerging currencies as risk sentiment improved and the greenback tentatively softened, analysts said.
KUALA LUMPUR, Oct 18 — The ringgit rebounded from its seven consecutive days of losses to open slightly higher against the US dollar on Tuesday, boosted by renewed buying interest, a dealer said.
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