KUALA LUMPUR, April 28 — The ringgit reversed its losses to open higher against the US dollar on Friday due to cautious sentiments following the release of mixed United States (US) macroeconomic data, an analyst said.

KUALA LUMPUR, April 27 — The Producer Price Index (PPI) for local production, which measures prices of goods at the factory gate, declined further to — 2.9 per cent in March 2023 as against — 0.8 per cent in February 2023, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, April 27 — Capital A Bhd registered strong passenger traffic of 13.2 million in the first quarter ended March 31, 2023 (1Q FY2023), representing a 153 per cent year-on-year (y-o-y), and 11 per cent quarter-on-quarter (q-o-q) growth respectively, due to increased operating aircraft and robust travel demand.

KUALA LUMPUR, April 27 — Green Ocean Corporation Bhd’s wholly-owned subsidiary, Ace Edible Oil Industries Sdn Bhd (AEOI), had entered into two sale and purchase agreements with Wilee Vegetable Oils Sdn Bhd (WVO) for the disposal of a piece of freehold land and plant and machinery for RM23.4 million.

KUALA LUMPUR, April 27 — The ringgit opened lower against the US dollar in early trade today, slipping further on the back of improving United States (US) economic data, an analyst said.

KUALA LUMPUR, April 26 — The Federation of Malaysian Manufacturers (FMM) will work with the China Council for the Promotion of International Trade (CCPIT) and the China Chamber of International Commerce (CCOIC) to bolster business relationships and cooperation between Malaysia and China.

KUALA LUMPUR, April 26 — The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged for the April 27 to May 3 period.

KUALA LUMPUR, April 26 — The ringgit slipped further against the US dollar today in tandem with other Asian currencies as the greenback stayed firm after spiking higher overnight, on the prospect of higher United States (US) interest rates, despite slowing economic growth, a dealer said.

KUALA LUMPUR, April 26 — The Asian Monetary Fund (AMF) proposal should be weighed carefully in the context of rising global economic uncertainty and geopolitics, said two economists.

KUALA LUMPUR, April 26 — The ringgit opened lower against the US dollar today, weighed by a stronger greenback on renewed interest for safe haven currencies, an analyst said.

KUALA LUMPUR, April 25 — The ringgit trimmed its earlier gains to end lower against the US dollar today, amid continued expectations over rising United States (US) interest rates.

KUALA LUMPUR, April 25 — The international reserves of Bank Negara Malaysia (BNM) amounted to US$115.9 billion (RM515.6 billion) as of April 14, 2023, said the central bank today.

KUALA LUMPUR, April 25 — The ringgit opened higher against the US dollar on Tuesday amid a weakening greenback against major currencies.

KUALA LUMPUR, April 22 — The United State’s (US) interest rate will influence the ringgit’s movement next week, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

PUTRAJAYA, April 20 — The Leading Index (LI) registered a growth of 0.6 per cent to attain 111.6 points in February 2023 from 110.9 points in February 2022, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, April 20 — The Consumer Price Index (CPI) for March 2023 eased to 3.4 per cent with the index point recorded at 129.9 against 125.6 in the same month of the previous year.

KUALA LUMPUR, April 19 — The ringgit ended marginally lower against the US dollar on Wednesday, and is seen trapped in a sideways channel, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

KUALA LUMPUR, April 19 — The Malaysian Palm Oil Council (MPOC) is optimistic that Malaysia can maintain and even grow its palm oil market share in India, Europe, Central Asia and the Middle East.

KUALA LUMPUR, April 19 — Malaysia’s trade surplus widened in March 2023 to RM26.69 billion compared to March 2022, marking the 35th consecutive month of trade surplus since May 2020 and the highest trade surplus ever recorded for March.

KUALA LUMPUR, April 19 — The ringgit rose against the US dollar in the early session today as the United States (US) Federal Reserve officials continued their hawkish stance, favouring another 25 to 75 basis points interest rate hike in the near term.