KUALA LUMPUR, May 21 — The ringgit regained some of its lost ground yesterday to trade higher against the US dollar in the early session today, as lack of fresh leads kept investors away from the safe-haven currencies, dealers said.
KUALA LUMPUR, May 20 — Bursa Malaysia opened higher today continuing five consecutive days of rallies, tracking the positive momentum of regional stock markets.
KUALA LUMPUR, May 19 — Bursa Malaysia opened higher today, riding the waves of higher crude oil prices along with Wall Street's overnight positive sentiment on hopes for a potential vaccine against Covid-19.
KUALA LUMPUR, May 19 — The ringgit rebounded from yesterday’s losses to trade higher against the US dollar at the early session today as a positive outlook on the global economy shifted investors’ interest towards riskier appetite, including ringgit, dealers said.
KUALA LUMPUR, May 18 — The ringgit extended its decline against the US dollar at the close today amid higher optimism over businesses reopening across major economies as well as firmer West Texas Intermediate (WTI) oil prices.
KUALA LUMPUR, May 18 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
KUALA LUMPUR, May 18 — Bursa Malaysia starts the week on a positive note, tracking Wall Street’s higher closing last Friday amidst the recovery in crude oil prices.
KUALA LUMPUR, May 15 — The ringgit eased in the morning session against the US dollar on lack of buying interest.
KUALA LUMPUR, May 14 — The ringgit gave up yesterday's gains to open slightly lower against the US dollar this morning due to stronger greenback.
KUALA LUMPUR, May 14 — The government will be implementing a short- and medium-term economic recovery plan to rejuvenate the country’s economic growth soon, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, May 13 — Malaysia's economic activity is expected to gradually improve in the second half of the year (2H 2020) after Covid-19 containment measures are eased and the domestic movement control order (MCO) is lifted, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, May 13 — Malaysia's economy grew moderately at 0.7 per cent in the first quarter of 2020 from 4.5 per cent in the same quarter last year, as gross domestic product growth was affected by the Covid-19 pandemic and the implementation of the movement control order (MCO).
KUALA LUMPUR, May 13 — The ringgit reversed yesterday's gains to open easier against the US dollar this morning ahead of the country's first-quarter gross domestic product results announcement.
KUALA LUMPUR, May 13 — Malaysia Airports Holdings Bhd (MAHB) announced that passenger movements throughout its system shrank by 98.8 per cent year-on-year last month to only 137,000 passengers amid the movement control order (MCO) enforcement.
KUALA LUMPUR, May 12 — The ringgit opened slightly lower against the US dollar today as the stronger greenback mitigated interest for the local currency.
KUALA LUMPUR, May 10 — Malaysia may be looking at a "new normal" trend moving forward, whereby consumers put off or postpone purchasing big-ticket items or goods and services that they do not consider as essentials.
KUALA LUMPUR, May 8 — Bank Negara Malaysia’s (BNM) international reserves amounted to RM439.7 billion as of April 30.
KUALA LUMPUR, May 8 — The ringgit rose higher against the US dollar in the early morning session today on better demand for the local note, amidst broad US dollar weakness.
PORT KLANG, May 8 — The 12th Malaysia Plan (12MP) is not currently seen as being negatively impacted by the effects of the Covid-19 pandemic, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, May 7 — The need for a stronger concerted effort among Apec economies and a more focused strategy for structural reforms, especially in harnessing modern digital technology to address economic challenges, has become more critical than ever amid the adverse impact of the Covid-19 pandemic.
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