KUALA LUMPUR, April 5 — The ringgit opened unchanged against the US dollar today but was higher versus a basket of major currencies, supported by the seasonal demand bounce on crude oil demand.

KUALA LUMPUR, March 30 — The ringgit opened easier against the US dollar despite news that Malaysia will be removed from the FTSE Russell Watch List and will retain its membership in the FTSE World Government Bond Index.

KUALA LUMPUR, March 29 — The ringgit was slightly lower against the US dollar at the opening today on lack of demand for the local note, while the greenback is attracting interest on optimism over the US economy, a dealer said.

KUALA LUMPUR, March 29 — Bursa Malaysia opened higher on Monday in line with a steady closing on Wall Street last Friday.

KUALA LUMPUR, March 27 — The ringgit is expected to rebound slightly against the US dollar next week, riding on improved market sentiment backed by potentially higher global oil prices.

KUALA LUMPUR, March 27 — Market participants are being watchful on global economic recovery and developments pertaining to the grounded Panama-flagged container ship, ‘Ever Given’ over the next week, resulting in cautious sentiment on Bursa Malaysia, said an economist.

KUALA LUMPUR, March 26 — Malaysia’s gross domestic product (GDP) is projected to grow by six per cent in 2021, a more moderate pace than the previously estimated 6.7 per cent, said the World Bank.

KUALA LUMPUR, March 26 — The ringgit slid slightly against the greenback at the opening today, as safe-haven assets such as the US dollar continued to gain traction amid rising Covid-19 woes in Europe.

KUALA LUMPUR, March 24 — The ringgit extended its losses against the US dollar for the third consecutive day today as cautious sentiment over the prospect of global growth curbed risk appetite in the market, a dealer said.

KUALA LUMPUR, March 22 — The ringgit opened lower versus the US dollar on Monday as the continued United States (US) bond yields strengthened the greenback.

KUALA LUMPUR, March 20 — The ringgit is expected to trade in a cautious mode next week, tracking the performance of other emerging market currencies and the trajectory of US bond yields, said analysts.

KUALA LUMPUR, March 19 — The ringgit extended yesterday’s gains to end firmer against the US dollar as the greenback retreated earlier gains due to re-emerging concerns over US bond yields, an analyst said.

KUALA LUMPUR, March 17 — The retail prices of RON97 petrol will go up by seven sen per litre to RM2.47 while the prices for RON95 petrol and diesel will remain unchanged at RM2.05 and RM2.15 per litre respectively for the period of March 18 to 24.

KUALA LUMPUR, March 15 — The global supply of rubber gloves available in 2021 is estimated at about 420 billion, Malaysian Rubber Glove Manufacturers Association (Margma) said in a briefing today.

KUALA LUMPUR, March 15 — The ringgit opened flat against the US dollar Monday, as traders cautiously await the Federal Open Markets Committee (FOMC) meeting on March 16 and 17 after the US 10-year yields up nine basis points to 1.62 per cent last Friday.

KUALA LUMPUR, March 12 — The ringgit opened slightly lower against the US dollar Friday despite closing 200 basis points (bps) better Thursday, tracking the emerging market currency movement due improved risk appetite for the Chinese yuan and an easier greenback.

KUALA LUMPUR, March 11 — The ringgit has opened higher against the US dollar today on the back of a weaker greenback, said an analyst.

KUALA LUMPUR, March 10 — Islamic finance is set for a turnaround post Covid-19, spurred by several factors including digitalisation, said an industry expert.

KUALA LUMPUR, March 9 — The ringgit further extended its weakness at the opening against the US dollar Tuesday, on firmer buying support for the greenback on elevated US bond yields, analysts said.

KUALA LUMPUR, March 8 — The ringgit opened lower versus the US dollar on the strengthening of the greenback due to rising US Treasury yields that continued to test cross-asset risk sentiment, with the US Congress on the cusp of sending a US$1.9 trillion stimulus bill to President Joe Biden for sign off, dealers said.