KUALA LUMPUR, Nov 18 — The ringgit ended marginally lower against the US dollar today, moving in a tight range, despite some correction seen on the US dollar Index, a dealer said.

KUALA LUMPUR, Nov 18 — The government will provide an additional allocation of RM100 million for efforts towards improving governance, efficiency and transparency in the management of its finances and budget.

KUALA LUMPUR, Nov 18 — The ringgit opened slightly higher against the US dollar today following mixed signal coming from the United States (US) Federal Reserve officials amidst lower than expected housing starts statistics, said an analyst.

KUALA LUMPUR, Nov 17 — The ringgit slipped further against the US dollar today, amid expectations that the Federal Reserve (Fed) may increase interest rate earlier than expected, a dealer said.

KUALA LUMPUR, Nov 17 — A study to ensure that cooking oil subsidy can be optimised and to ascertain that its distribution reaches the target group, is expected to be completed next year, the Dewan Rakyat was told today.

KUALA LUMPUR, Nov 17 — The ringgit continued to open lower today as the greenback gained further strength with the United States (US) October’s Retail Sales increasing more than the expected growth of 1.7 per cent month-on-month against 1.4 per cent expansion as anticipated by the consensus.

KUALA LUMPUR, Nov 16 — The ringgit opened slightly lower against the US dollar as the greenback gained momentum ahead of the United States (US) October’s Retail Sales data which is expected to rise to 0.7 per cent month-on-month, based on consensus estimates, said an analyst.

KUALA LUMPUR, Nov 15 —  AirAsia X (AAX) has given assurance that it will put in place travelling privileges in the form of travel credits for its passengers who are affected by its debt restructuring, where the credits can be utilised for future purchases of flight tickets once international borders reopen.

KUALA LUMPUR, Nov 15 — CGS-CIMB Securities Sdn Bhd  (CGS-CIMB) has lowered its 2021 gross domestic product (GDP) growth forecast from 3.9 per cent year-on-year (y-o-y) to 3.5 per cent y-o-y to reflect weaker-than-expected GDP performance in the third quarter of 2021 (Q3 2021).

KUALA LUMPUR, Nov 15 — Malaysia’s fourth-quarter growth is expected to rebound on the back of a strong export performance, as well as a pick up in private consumption as borders reopen, Moody’s Analytics said.

KUALA LUMPUR, Nov 15 — The ringgit opened slightly higher against the US dollar today despite positive expectations of the United States (US) improving data points.

KUALA LUMPUR, Nov 13 — External concerns are expected to play a role in determining the direction of the ringgit next week, with investors keeping a close eye on the United States (US) retail sales, said an economist.

KUALA LUMPUR, Nov 12 — The ringgit appreciated by 0.9 per cent against the US dollar as of November 9 (since October 1), broadly in line with the trend in other regional currencies, Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus said.

KUALA LUMPUR, Nov 12 — Malaysia will not face stagflation despite rising global inflation, with 2022 GDP growth expected to range between 5.5 per cent and 6.5 per cent.

KUALA LUMPUR, Nov 12 — The ringgit opened slightly higher against the US dollar today on better buying support ahead of Malaysia’s third quarter of 2021 (Q3 2021) gross domestic product (GDP) result which will be released today.

KUALA LUMPUR, Nov 11 — The ringgit ended lower against the US dollar today, in line with other regional currencies, said an economist.

KUALA LUMPUR, Nov 11 — Malaysia’s natural rubber (NR) exports rose 5.3 per cent to 62,332 tonnes in September 2021 compared to 59,172 tonnes in August 2021, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 11 (Bernama) -- It is estimated that more than 65,660 Bumiputera individuals have ventured into the p-hailing (food delivery) service industry, mostly during the Covid-19 pandemic, according to the Bumiputera Agenda Steering Unit (TERAJU) survey findings.

KUALA LUMPUR, Nov 11 — The Building Material Cost Index (BCI) (without steel bars and with steel bars) had increased in October 2021, rising by between 0.1 and 2.3 per cent in Peninsular Malaysia.

KUALA LUMPUR, Nov 11 — The ringgit opened lower against the US dollar on Thursday on better buying interest for the greenback.