KUALA LUMPUR, Sept 7 — Malaysia is putting a priority on rebuilding its economy and placing the country on a stronger footing with a more competitive economy, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.

KUALA LUMPUR, Sept 7 —  The ringgit opened moderately higher against the US dollar today in line with the crude oil price that has moved into positive territory at the time of writing.

KUALA LUMPUR, Sept 6 — The ringgit was trading higher against the US dollar on Monday, still on positive investors’ sentiment tracking Malaysia's manufacturing Purchasing Managers’ Index (PMI) which climbed to 43.4 last month from 40.1 in July 2021.

KUALA LUMPUR, Sept 3 — The ringgit closed higher against the US dollar on Friday amid firmer Brent crude oil price, considering that the price has a causality effect towards the movement of the local note, an analyst said.

KUALA LUMPUR, Sept 3 —  The ringgit opened higher against the US dollar on Friday ahead of the United States (US) employment report which is scheduled to be released today, a dealer said.

KUALA LUMPUR, Sept 2 — The ringgit opened higher against the US dollar on Thursday as investors remained cautious ahead of the United States (US) economic data disclosure, a dealer said.

KUALA LUMPUR, Sept 1 — Business activity slowed down markedly in the first half (H1) of 2021 as the tightening of Covid-19 lockdowns put further strains on the manufacturing sector, according to a biannual industry survey.

KUALA LUMPUR, Aug 30 — The ringgit opened higher against the US dollar in early trade today on improved sentiment towards the currency, coupled with rising oil prices, a dealer said.

KUALA LUMPUR, Aug 23 — Malaysia critically needs trade-based solutions to ease liquidity constraints brought by Covid-19 pandemic, said Bank Negara Malaysia (BNM) assistant governor Adnan Zaylani Mohamad Zahid.

KUALA LUMPUR, Aug 23 — The ringgit rose against the US dollar in early trade Monday as improved market sentiment following the certainty in Malaysia’s political environment helped lift investors’ risk appetite.

KUALA LUMPUR, Aug 20 — The ringgit opened lower against the US dollar on Friday as the safe haven greenback advanced amidst ongoing concerns over the rising COVID-19 cases globally and better United States (US) initial jobless claims data, analysts said.

KUALA LUMPUR, Aug 19 —  Moody’s Analytics is expecting the global real gross domestic product (GDP) to rebound 5.7 per cent in 2021, following the historic 3.6 per cent contraction in 2020.

KUALA LUMPUR, Aug 19 — The ringgit opened lower against the US dollar today due to easier oil prices and the strengthening greenback following the strong demand for the United States (US) Treasuries’ US$27 billion 20-year bond sale.

KUALA LUMPUR, Aug 18 — The ringgit opened easier versus the US dollar today on the lack of buying interest as investors’ sentiment remained cautious amidst the uncertainties due to the local political development.

KUALA LUMPUR, Aug 17 — The ringgit opened marginally lower against the US dollar today as political uncertainties weighed on market sentiment, said an analyst.

KUALA LUMPUR, Aug 16 — Malaysia remains on the right trajectory for further economic recovery boosted by the surge in external demand supported by electrical and electronics (E&E), petroleum, rubber products, palm oil and chemical products, the Ministry of International Trade and Industry (Miti) said.

KUALA LUMPUR, Aug 16 — The ringgit opened lower against the US dollar, influenced by the weak sentiment as investors retreated to the sidelines while awaiting political developments in the country today, said an analyst.

KUALA LUMPUR, Aug 13 — Malaysia’s Current Account Balance (CAB) posted a surplus of RM14.4 billion in the second quarter of 2021 (Q2 2021), rising by 17.2 per cent from RM12.3 billion in Q1 2021, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 13 — Malaysia's services sector, which was the main contributor to Malaysia’s economy, grew 13.4 per cent in the second quarter of 2021 (Q2 2021) compared to a contraction of 2.3 per cent in the first quarter of 2021 (Q1 2021), said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 13 — Malaysia’s economic growth for 2021 is now projected to be between three and four per cent, slower than the earlier projection of between six and seven per cent, said Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus.