KUALA LUMPUR, March 11 — The ringgit closed higher by 200 basis points (bps) against the US dollar today, maintaining its earlier gains on continuous buying interest for the local currency on steadier crude oil prices, said an analyst.
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 — The ringgit opened flat against the dollar Wednesday, as investors stayed on the sidelines, awaiting fresh local catalysts.
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.
KUALA LUMPUR, March 6 — The ringgit performance next week will be determined by oil prices, as well as the movement of US Treasury yields, said Axi chief global market strategist Stephen Innes.
KUALA LUMPUR, March 5 — A combination of factors including the rise in 10-year US Treasury yield and China's modest 2021 gross domestic product growth forecast have weighed on the ringgit's performance against the US dollar Friday, despite firmer oil prices.
KUALA LUMPUR, March 5 — The ringgit opened lower versus the US dollar on Friday due to the strengthening greenback, which was supported by the surging US bond yields, dealers said.
KUALA LUMPUR, March 4 — The ringgit finished easier against the US dollar on Thursday, weighed by weaker oil prices despite Bank Negara Malaysia's decision to maintain the Overnight Policy Rate (OPR) at 1.75 per cent, a dealer said.
KUALA LUMPUR, March 4 — The ringgit failed to maintain its gains at the opening on Thursday, as it traded lower by 30 basis points (bps) against the US dollar, on lack of buying interest, said an analyst.
KUALA LUMPUR, March 2 — The ringgit ended lower against the US dollar for a second consecutive day today with the greenback somewhat stronger despite the risk-on mood in the equity market, a dealer said.
KUALA LUMPUR, Feb 20 — The ringgit is expected to continue its positive momentum against the US dollar next week, driven by bullish outlook on the global economic development, a dealer said.
KUALA LUMPUR, Feb 16 — The ringgit rose for the sixth straight day as bullish oil prices and the latest development of Covid-19 vaccine rollout added to optimism over the currency's prospects.
KUALA LUMPUR, Feb 15 — The ringgit opened firmer against the US dollar on Monday amid surging oil prices.
KUALA LUMPUR, Feb 13 — The ringgit is expected to trade higher against the US dollar next week, amid the continued weakness of the greenback on the back of various developments in the market which is affecting the currency.
KUALA LUMPUR, Feb 11 — The ringgit ended firmer against the US dollar today paring easier performance this morning, on continued weakness in the greenback, analysts said.
KUALA LUMPUR, Feb 10 — The ringgit strengthened further to end higher against the US dollar today amid the continued weakness in the greenback coupled with stronger crude oil prices on the back of recovery optimism.
KUALA LUMPUR, Feb 8 — The ringgit opened higher against the US dollar on Monday on renewed demand, supported by steadier crude oil prices, said an analyst.
KUALA LUMPUR, Feb 4 — The ringgit opened marginally higher against the US dollar on Thursday, supported by higher oil prices, with benchmark Brent crude nearing US$60 per barrel, said an analyst.
KUALA LUMPUR, Jan 29 — The ringgit traded lower against the US dollar on Friday due to the strengthening of the greenback as a safe-haven demand for the currency.
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