KUALA LUMPUR, March 27 — The ringgit strengthened against the US dollar in the early session today on the back of a generally better tone in the global risk market, said an analyst.
KUALA LUMPUR, March 26 — The ringgit extended its gains against the US dollar at the opening session today as the government and Bank Negara Malaysia (BNM) stepped in to cushion the economic impact of Covid-19 on the country due to the extended Movement Control Order announced yesterday.
KUALA LUMPUR, March 25 — Individuals and Small and Medium Enterprises (SMEs) that do not wish or need to avail of the flexibilities of loan and financing repayments can continue with their current repayment structures, Bank Negara Malaysia (BNM) said.
KUALA LUMPUR, March 25 — The ringgit opened slightly higher against the US dollar in early session today on mild buying interest for the domestic unit.
KUALA LUMPUR, March 25 — Bank Negara Malaysia (BNM) today announces a number of regulatory and supervisory measures in support of efforts by banking institutions to assist individuals, small and medium-sized enterprises (SMEs) and corporations to manage the impact of the Covid-19 outbreak.
KUALA LUMPUR, March 20 — A total of RM3.3 billion has been allocated by Bank Negara Malaysia (BNM) fund under the Economic Stimulus Package 2020 (PRE 2020) to help small and medium enterprises (SMEs) sustain their business operations and employment, as well as boost domestic investment.
KUALA LUMPUR, March 17 — The ringgit continued yesterday’s downtrend to open lower against the US dollar today, as fears over the fast-spreading Covid-19 pandemic curbed traders’ risk appetite, said a dealer.
KUALA LUMPUR, March 16 ― The ringgit opened easier against the US dollar today, extending last Friday’s losses amid rising fears on Covid-19 outbreak as well as a decline in global crude oil prices, said a dealer.
KUALA LUMPUR, March 13 — The ringgit continued its downtrend to trade lower against the US dollar in the early session today, with more investors turning to safe-haven currencies due to emerging concerns over the Covid-19 outbreak, dealers said.
KUALA LUMPUR, March 12 — The ringgit retreated slightly from yesterday’s gains to trade moderately lower against the US dollar in the early session today as heightened concerns about the Covid-19 pandemic drove investors away from riskier assets, dealers said.
KUALA LUMPUR, March 11 — The ringgit extended yesterday’s losses to trade lower against the US dollar in the early session today, as more investors abandoned emerging currencies including the ringgit amid persistent concerns over the Covid-19 outbreak, dealers said.
KUALA LUMPUR, March 11 — Shares on Bursa Malaysia were higher at the opening on improved market sentiment from the downtrend caused by the sharp slump in oil prices, amid the ongoing Covid-19 fear.
KUALA LUMPUR, March 4 — The ringgit rebounded from yesterday’s losses against the US dollar to open higher on Wednesday.
KUALA LUMPUR, March 3 — The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 2.50 per cent at its meeting today.
KUALA LUMPUR, March 3 — The ringgit extended yesterday's uptrend to open higher against the US dollar Tuesday, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting today, with the market expecting a 25 basis point cut in interest rates today.
KUALA LUMPUR, March 2 — The ringgit opened slightly higher against the US dollar amid growing expectations that Bank Negara Malaysia (BNM) and the US Federal Reserve would cuts interest rates soon.
KUALA LUMPUR, Feb 24 — Bank Negara Malaysia (BNM) is closely monitoring conditions in the financial markets, in light of the recent developments surrounding the country’s political landscape.
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