KUALA LUMPUR, April 15 — The ringgit traded easier against the US dollar this morning as the positive greenback sentiment curbed appetite for the local currency.

KUALA LUMPUR, April 15 — Italian confectionary giant Ferrero said it will stop sourcing palm oil from Sime Darby Plantation after the US customs service found the Malaysian planter used forced labour.

KUALA LUMPUR, April 14 — The ringgit retreated from yesterday's gains to end lower against the US dollar on Thursday, as investors switched to safe havens amid the weakening of global oil prices, dealers said.

KUALA LUMPUR, April 14 — The ringgit has extended its positive run against the US dollar on improving risk appetite for the local currency, an analyst said.

KUALA LUMPUR, April 13 — The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged for the period of April 14 to April 20.

KUALA LUMPUR, April 13 — The ringgit closed higher against the US dollar on Wednesday thanks to firmer oil prices and bullish trade numbers for February.

PUTRAJAYA, April 13 — The Domestic Trade and Consumer Affairs Ministry has mobilised 2,200 enforcement personnel nationwide to ensure that operators of petrol stations do not allow foreign-registered vehicles to fuel up on the heavy-subsidised RON95 petrol reserved for Malaysians.

KUALA LUMPUR, April 13 — The ringgit snapped its five-day losing streak against the US dollar in the early trade today as the encouraging trade figures for February sparked risk appetite for the local currency, a dealer said.

KUALA LUMPUR, April 12 — The ringgit continues its downtrend against the US dollar today as the local note struggles to pick up momentum as the rise in US yields boosted the greenback's strength.

KUALA LUMPUR, April 12 — Malaysia’s total trade for February 2022 amounted to RM184.8 billion, or an increase of 17.5 per cent year-on-year (y-o-y), with exports of RM102.3 billion (an increase of 16.8 per cent) and imports worth RM82.5 billion (an increase of 18.4 per cent), said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, April 12 — Malaysia’s economy is expected to strengthen this year as the country transitions to the endemic phase, starting with the reopening of international borders.

KUALA LUMPUR, April 12 — The ringgit extended yesterday’s downtrend to open lower against the US dollar as positive greenback sentiment curbed demand for the local currency, dealers said.

KUALA LUMPUR, April 11 — The ringgit struggled against the US dollar today to close lower against the backdrop of another round of higher US yields, which prompted more buying interest for the greenback.

KUALA LUMPUR, April 11 — Moody's Investors Service has maintained its stable outlook on 13 Asia-Pacific (Apac) banking systems, including Malaysia.

KUALA LUMPUR, April 11 — Malaysia’s wholesale and retail trade sales increased by 8.5 per cent year-on-year (y-o-y) to RM117.2 billion in February 2022, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, April 11 — Kenanga Investment Bank Bhd expects the labour market to gradually recover in 2022, underpinned by a higher vaccination rate, relaxation of pandemic-related restrictions, reopening of borders, and various policy support measures.

KUALA LUMPUR, April 11 — Malaysia's Industrial Production Index (IPI) increased 3.9 per cent in February 2022 compared with the same month of the previous year, driven by the growth in the manufacturing sector, the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, April 11 — The ringgit opened slightly lower against the US dollar this morning as demand for the local currency moderated on the back of a stronger greenback, an economist said.

KUALA LUMPUR, April 9 — The ringgit is expected to continue to move in a range-bound mode next week, with investors likely to exercise caution ahead of global economic developments, analysts said.

KUALA LUMPUR, April 8 — The ringgit ended the week marginally lower against the US dollar today for the third consecutive day of decline after the greenback continued to strengthen on talks over interest rate hike, an analyst said.