KUALA LUMPUR, Dec 11 — Foreign investors reversed their five-week net buying streak last week, with net selling at -RM276.4 million last week, said MIDF Research.

KUALA LUMPUR, Dec 11 — The ringgit opened on a softer note against the US dollar on Monday as the greenback strengthened in light of the latest United States (US) nonfarm payrolls (NFP) data, which surpassed expectations.

KUALA LUMPUR, Dec 9 — The ringgit is expected to trade in cautious mode with an upward bias against the US dollar next week ahead of a decision by the US Federal Reserve (Fed) on its monetary policy.

KUALA LUMPUR, Dec 8 — The rise in domestic investors indicates growing investor confidence, said Investment, Trade, and Industry (Miti) Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, Dec 8 — Malaysia’s natural rubber (NR) production increased by 0.6 per cent to 32,944 tonnes in October from 32,757 tonnes in September, said the Department of Statistics Malaysia (DOSM).

PUTRAJAYA, Dec 8 — The government has agreed to maintain the maximum retail price of bottled pure palm cooking oil to ease the people’s burden and deal with the price increase, said Domestic Trade and Cost of Living Ministry (KPDN).

KUALA LUMPUR, Dec 8 — The ringgit is expected to maintain its strength against the US dollar this month due to the greenback’s seasonal weakness and ahead of continuing disinflationary expectations in the US, according to Kenanga Research.

KUALA LUMPUR, Dec 8 — The ringgit reversed its losses to open higher against the US dollar on Friday amidst positive developments in the Asian foreign exchange (forex) market.

KUALA LUMPUR, Dec 7 — MIDF Research expects Malaysia’s gross domestic product (GDP) growth rate to improve to 4.7 per cent in 2024, supported by the recovery in external trade and sustained growth in domestic demand.

KUALA LUMPUR, Dec 7 — The ringgit traded lower against the US dollar at the opening today as the US Dollar Index (DXY) gained 0.1 per cent to 104.153 points as traders betted on an early rate cut by the European Central Bank, strengthening the greenback.

KUALA LUMPUR, Dec 6 — Malaysia has attracted approved investments worth RM225 billion in services, manufacturing, and primary sectors in the January-September 2023 period, up 6.6 per cent from the RM211 billion investments approved in the same period last year.

KUALA LUMPUR, Dec 6 — The ringgit opened lower against the US dollar on Wednesday as the greenback firmed on an increase in sentiment over a possible interest rate cut by the US Federal Reserve in 2024.

KUALA LUMPUR, Dec 5 — The ringgit opened slightly lower against the US dollar in early trade today due to lack of demand, as the US Dollar Index (DXY) continued to strengthen.

KUALA LUMPUR, Dec 4 — Foreign investors maintained their position as net buyers on Bursa Malaysia for the fifth consecutive week, with total inflow of RM246.3 million, said MIDF Research.

KUALA LUMPUR, Dec 4 — The ringgit opened higher against the US dollar on Monday supported by positive external developments.

KUALA LUMPUR, Dec 2 — The foreign exchange market is predicted to remain cautious next week, with all eyes on major data points, including the US Nonfarm Payroll (NFP) and Unemployment Rate, which will be critical for ringgit-US dollar performance.

KUALA LUMPUR, Dec 1 — The ringgit closed 0.26 per cent lower against the US dollar on Friday, as the local currency struggled to go beyond the immediate support level of 4.6611 after breaching it this week.

KUALA LUMPUR, Nov 30 — Malaysia's trade performance for the period from January to October 2023 has been affected by the world economic situation which is not encouraging with high global inflation rates, commodity price uncertainty and a high base effect, according to the Investment, Trade, and Industry Ministry (Miti).

KUALA LUMPUR, Nov 30 — Malaysia’s palm oil exports are worth RM51.40 billion with a volume of 12.34 million tonnes for the period from January to October this year, according to the Plantation and Commodities Ministry (KPK).

KUALA LUMPUR, Nov 30 — The ringgit closed lower on Thursday, snapping three consecutive days of gains on profit-taking after the local note touched the immediate support level of RM4.6611 against the US dollar.