KUALA LUMPUR, July 31 — The ringgit opened firmer against the US dollar, hitting the RM4.61 level for a fresh seven-month high, and economists anticipate a further strengthening as investors await the outcome of the Federal Open Market Committee’s (FOMC) two-day meeting later today.
KUALA LUMPUR, July 29 — The ringgit opened almost flat against the US dollar on Monday but the short-term outlook for the local currency remained promising as the anticipation of a United States rate cut gained momentum, an economist said.
KUALA LUMPUR, July 26 — The ringgit was slightly lower against the US dollar in the morning amid muted demand for the domestic unit after the recent gains.
KUALA LUMPUR, July 22 — The ringgit opened higher against the US dollar and Asean currencies, lifted by positive sentiments ahead of the announcement of Malaysia’s inflation rate for June this Wednesday.
KUALA LUMPUR, July 15 — The ringgit opened slightly lower against the US dollar today on mild profit-taking.
KUALA LUMPUR, July 9 — The ringgit opened slightly lower against the US dollar in early trade today as recent economic data from the United States (US) provided support to the greenback, said an analyst.
KUALA LUMPUR, July 5 — The ringgit strengthened further against the US dollar at today’s opening as weaker data from the US bolstered expectations of a rate cut, according to an analyst.
KUALA LUMPUR, June 27 — The ringgit extended yesterday’s loss to trade easier against the US dollar today, as strong sentiments towards the greenback continue to dominate the currency market, an economist said.
KUALA LUMPUR, June 21 — The ringgit opened lower against the US dollar today as investors remained in favour of the safe haven currency amid a cautious global economic outlook, an economist said.
KUALA LUMPUR, June 14 — The ringgit traded lower against the US dollar in early trade on a lack of buying interest as the US Dollar Index (DXY) rebounded after recent losses by the greenback.
KUALA LUMPUR, June 8 — The ringgit is likely to trade softer against the US dollar next week, revisiting the RM4.70 level or lower, after the US non-farm payrolls (NFP) data released on Friday night came in stronger than expected.
KUALA LUMPUR, June 5 — The ringgit opened higher today against the US dollar amid the United States soft labour market data, said an analyst.
KUALA LUMPUR, June 1 — The ringgit is likely to remain in range-bound trading against the US dollar next week as markets further digest the global economic outlook, an analyst said.
KUALA LUMPUR, May 31 — The ringgit opened on a positive note against the US dollar today on subdued demand for the American dollar due to weaker economic data from the United States (US).
KUALA LUMPUR, Nov 2 — The ringgit opened higher against the US dollar on Thursday after the United States Federal Open Market Committee (FOMC) made a unanimous decision to keep the Fed Fund Rate steady at a range of 5.25 per cent to 5.50 per cent during its meeting last night.
KUALA LUMPUR, Nov 1 — The ringgit opened lower against the US dollar as financial markets eagerly awaited the United States Federal Open Market Committee (FOMC) decision later tonight.
KUALA LUMPUR, Oct 31 — The ringgit ended lower against the US dollar at Tuesday’s close after the latest Chinese manufacturing data came in weaker than expected, while investors await cues from the upcoming United States (US) Federal Reserve (Fed) meeting.
KUALA LUMPUR, Oct 30 — The ringgit opened higher against the US dollar and other major currencies on the first day of trading for the week.
KUALA LUMPUR, Oct 26 — The ringgit retreated from the previous day’s gains to open lower against the greenback today on rising US bond yields after the latest US economic data strengthened the view that interest rates would stay higher for longer.
KUALA LUMPUR, Oct 25 — The ringgit opened marginally lower against the US dollar due to the lack of demand for the local note after the US business output climbed in October.
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