KUALA LUMPUR, April 28 — Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent in the next monetary policy committee (MPC) meeting, said research houses.
KUALA LUMPUR, Sept 19 — The ringgit continued to be weighed by the rising US dollar for the fifth consecutive session as another aggressive United States (US) interest rate hike is expected this week, said an analyst.
KUALA LUMPUR, July 9 — The ringgit is likely to remain in a tight range around the RM4.42 level next week on mixed market sentiments, an analyst said.
KUALA LUMPUR, July 2 — The ringgit is likely to trade around the current level of between 4.40 and 4.41 versus the US dollar next week, with all eyes on Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on July 6.
KUALA LUMPUR, May 24 — The ringgit ended the day lower against the US dollar today as the market is cautious over the uncertain global economic outlook and monetary policies.
KUALA LUMPUR, May 23 — The ringgit ended the day unchanged against the US dollar today, as market sentiment remained fragile due to the global interest rate environment.
KUALA LUMPUR, Feb 19 — The ringgit is expected to trade within a tight range of between 4.18 and 4.19 against the US dollar next week.
KUALA LUMPUR, Feb 10 — Malaysia’s economy is projected to grow by 3.1 per cent year-on-year for the fourth quarter of 2021, a rebound from the 4.5 per cent decline during the September quarter following the Movement Control Order 3.0 implemented in late June last year.
KUALA LUMPUR, Jan 27 — The ringgit dipped against the US dollar today on buying support for the greenback following the United States Federal Reserve's (Fed) decision to hold its key interest rate near zero, although it noted that the quantitative easing will end on schedule in March, an analyst said.
KUALA LUMPUR, Jan 26 — The ringgit opened flat against the US dollar today as market sentiment was affected by heightened geopolitical risks in Ukraine and in anticipation of the first lift-off in the United States interest rate, an analyst said.
KUALA LUMPUR, Jan 24 — The ringgit opened flat against the US dollar today as investors opted for a wait-and-see attitude on the latest economic assessment by the US Federal Open Market Committee (FOMC) meeting, an analyst said.
KUALA LUMPUR, Jan 15 — The ringgit is likely to trend higher next week in the range of RM4.16 to RM4.17, with the market adopting a cautious stance prior to Bank Negara Malaysia's (BNM) economic assessment on Thursday.
KUALA LUMPUR, Dec 28 — The ringgit climbed against the US dollar at the opening today, despite some strength gained by the greenback from the rising US Dollar Index, which rose 0.07 per cent to 96.085 points amid thin liquidity in the markets, an analyst said.
KUALA LUMPUR, Oct 22 — The ringgit continued to appreciate against the greenback today, supported by the decline in the US Dollar Index to 93.374, said an analyst.
KUALA LUMPUR, Oct 18 — The ringgit closed lower against the US dollar today despite some technical correction experienced by the greenback after appreciating quite rapidly in the past few weeks, said an analyst.
KUALA LUMPUR, Oct 15 — The ringgit retreated on profit-taking to end easier against the US dollar today after six consecutive days of gains, dealers said.
KUALA LUMPUR, Oct 14 — The ringgit continued its uptrend to end firmer against the US dollar today amid strong commodity prices and risk-on mode in the equity market, dealers said.
KUALA LUMPUR, Oct 11 — The ringgit extended its gains to close higher against the US dollar today on positive sentiment surrounding the market and optimism on economic recovery, dealers said.
KUALA LUMPUR, Oct 7 — The ringgit closed marginally higher against the US dollar today despite the strength in the greenback following better-than-expected US private employment reports which came in higher at 568,000 jobs in September, an analyst said.
KUALA LUMPUR, Oct 6 — The ringgit further slipped against the US dollar at the close today as concern rose over higher global inflation rate following elevated levels of commodity prices, which appeared to have lent support for the greenback, an analyst said.
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