KUALA LUMPUR, Aug 15 — The ringgit ended lower against the US dollar at the close despite the lower US Consumer Price Index (CPI) data last night, indicating that lower inflation will enable the US Federal Reserve to reduce interest rates.

KUALA LUMPUR, July 23 — The ringgit ended higher against the United States (US) dollar today on renewed buying interest ahead of Malaysia’s consumer price index (CPI) report.

KUALA LUMPUR, June 25 — The ringgit ended higher against the US dollar today as a higher-than-expected Consumer Price Index (CPI) print for May suggests that Bank Negara Malaysia (BNM) may keep the Overnight Policy Rate (OPR) steady, supporting the local currency.

KUALA LUMPUR, May 17 — RHB Investment Bank Bhd (RHB IB) expects Malaysia’s economic growth to accelerate above five per cent year-on-year (y-o-y) in the second quarter of 2024 (2Q 2024) and likely persist into the next quarter.

KUALA LUMPUR, May 16 — The ringgit has staged a commendable performance against the greenback at the close as it rallied to RM4.68 — a level last seen two months ago as the recent United States (US) inflation data has boosted hopes for an interest rate cut in the US.

KUALA LUMPUR, May 16 — Malaysia's inflation in 2023 recorded a slower increase of 2.5 per cent from 3.3 per cent in 2022, with the index points at 130.4 against 127.2 in the previous year, said the Department of Statistics.

KUALA LUMPUR, April 9 — The ringgit ended the day higher against the US dollar as market players await the United States' (US) Consumer Price Index (CPI) data for March on Wednesday.

KUALA LUMPUR, March 26 — Malaysia's overnight policy rate (OPR) is expected to hold steady at 3.0 per cent throughout 2024, said Public Investment Bank (PIVB) Research.

BEIJING, March 9 — China's consumer prices rose for the first time in six months due to spending linked to the Lunar New Year, offering some reprieve for the world's second-biggest economy grappling with weak consumer sentiment, while factory-gate prices fell again.

KUALA LUMPUR, Feb 29 — Malaysia's economy is expected to improve in the near term, supported by resilient domestic demand and stable labour market conditions, according to the Department of Statistics Malaysia (DOSM).

PUTRAJAYA, Feb 19 — Finance Minister II Datuk Seri Amir Hamzah Azizan expects the ringgit to strengthen against the US dollar this year as the US Federal Open Market Committee (FOMC) has signalled the end of interest rate hikes after raising the benchmark interest rates 11 times since March 2022 to the current rate of 5.25-5.50 per cent.

PAPAR, Feb 18 — A Special Meeting of the National Action Council on Cost of Living (NACCOL), to be chaired by Prime Minister Datuk Seri Anwar Ibrahim, will be held this Friday (February 23) to discuss the cost of living issue, especially the rice supply in the country.

KUALA LUMPUR, Jan 31 — The global air freight markets showed that air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties, with full-year demand reaching a level just slightly below 2022 and 2019, said the International Air Transport Association (IATA).

KUALA LUMPUR, Jan 13 — The ringgit is expected to continue trading cautiously next week as investors await a slew of economic data scheduled to be released by several major economies.

KUALA LUMPUR, Dec 22 — Malaysia's inflation rate continued to increase at a slower rate, falling to 1.5 per cent in November with the index points recorded at 130.9 against 129.0 in the same month of the previous year, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Nov 27 — The ringgit was traded higher against the US dollar at the opening today amid mixed data coming from the United States and European Union Purchasing Managers' Index indices.

KUALA LUMPUR, Oct 27 — MIDF Research foresees limited pressure on local producers to increase selling prices going forward, given the Producer Price Index (PPI) inflation still remains below the Consumer Price Index (CPI) inflation.

KUALA LUMPUR, Aug 25 — The Consumer Price Index (CPI) cooled to 2 per cent in July, the lowest for the year, with index points recorded at 130.5 against 127.9 in July 2022, said the Statistics Department.

KUALA LUMPUR, July 27 — The US Federal Reserve (Fed) is nearing the end of its tightening cycle after it raised the Fed funds rate (FFR) by an additional 25 basis points (bps) to a range of 5.25 per cent to 5.50 per cent, the highest in 22 years, MIDF Research said.

KUALA LUMPUR, July 13 — The ringgit extended its positive run against the US dollar today as the greenback weakened due to the lower-than-expected United States Consumer Price Index (US CPI) data in June 2023.