KUALA LUMPUR, Oct 29 — The ringgit is expected to trade cautiously against the US dollar next week as traders look towards the US Federal Reserve’s (Fed) decision on a possible interest rate hike on November 2.

KUALA LUMPUR, Oct 28 — The ringgit ended lower against the US dollar on Friday, extending its losing streak ahead of the US Federal Reserve’s (Fed) decision next week on interest rates, said a dealer.

KUALA LUMPUR, Oct 28 — Malaysia’s Producer Price Index (PPI) for local production for September 2022 increased by 4.9 per cent year on year, although this eased from the 6.8 per cent recorded in the previous month, said the Department of Statistics Malaysia (DOSM).

SINGAPORE, Oct 28 — Growth in the Asia and Pacific region is expected to slow down in 2022 and 2023 as the region is facing three formidable headwinds “which may prove to be persistent”, according to the International Monetary Fund (IMF).

KUALA LUMPUR, Oct 28 — The ringgit opened lower against the US dollar today as mixed  United States (US) economic data continued to support the greenback.

KUALA LUMPUR, Oct 27 — Malaysia's January - July 2022 furniture exports have recorded an increase versus a year ago despite the many challenges facing the industry, the Malaysian Furniture Council (MFC) said.

KUALA LUMPUR, Oct 27 — The ringgit reversed yesterday’s gain and closed easier against the US dollar as the local note’s bearish trend continues in the medium and long term, said a dealer.

KUALA LUMPUR, Oct 27 — The ringgit opened higher against the US dollar today following expectations that the United States (US) Federal Reserve (Fed) will slow the pace of interest rate hikes until the end of the year.

KUALA LUMPUR, Oct 26 — The retail prices of RON95 and RON97 petrol and diesel will remain unchanged for the week from October 27 to November 2.

KUALA LUMPUR, Oct 26 — The ringgit closed higher against the greenback for the second consecutive day as weaker US consumer data lifted hopes that the US Federal Reserve (Fed) would soften its monetary stance of aggressive interest rate hikes.

KUALA LUMPUR, Oct 26 — The ringgit opened marginally higher against the US dollar as the lower United States (US) consumer confidence data took a toll on the greenback.

KUALA LUMPUR, Oct 25 — The ringgit closed marginally higher on Tuesday.

KUALA LUMPUR, Oct 25 — The number of employed persons in 2021 was 15.06 million, with 1.5 million of them involved in the agriculture sector, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Oct 25 — Malaysia's leading index (LI) rose 4 per cent year-on-year (y-o-y) to 111.3 points in August 2022,  indicating that the economic growth momentum will continue moving forward, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Oct 25 — The ringgit opened barely changed against the US dollar due to the absence of fresh market catalysts.

LONDON, Oct 24 — A blast of suspected intervention by the Bank of Japan (BOJ) on Monday (October 24) to boost the yen did little to tame the dollar, while the pound see-sawed as former finance minister Rishi Sunak emerged as the front-runner to be the next British prime minister.

KUALA LUMPUR, Oct 22 — The ringgit is expected to decline further against the US dollar next week, possibly in the 4.75 range, analysts said.

KUALA LUMPUR, Oct 21 — The ringgit further weakened against the US dollar today, closing the week at a new all-time low of 4.738 due to the absence of fresh market catalysts, analysts said.

MELAKA, Oct 21 — The supply of eggs nationwide is expected to stabilise by the end of October as the government has provided various incentives to address shortages following soaring demand.

KUALA LUMPUR, Oct 21 — Bank Negara Malaysia's (BNM) international reserves amounted to US$104.5 billion as of October 14, 2022, sufficient to finance 5.5 months of imports of goods and services.