KUALA LUMPUR, July 12 — The ringgit closed slightly higher against the US dollar with market sentiment sanguine over the United States inflation data tonight.

KUALA LUMPUR, July 11 — The ringgit closed higher against the US dollar as investors await more clues on the pace of inflation in the United States (US) from the Consumer Price Index (CPI) tomorrow.

KUALA LUMPUR, June 28 — MIDF Research forecasts headline Consumer Price Index (CPI) inflation to moderate to 3.0 per cent in 2023 from 3.4 per cent last year with upward price pressures from food inflation and increased demand.

KUALA LUMPUR, June 23 — External pressures continue to weigh on the ringgit, causing it to close lower against the US dollar on the last trading day for the week.

KUALA LUMPUR, May 26 — Malaysia’s Consumer Price Index (CPI) for April 2023 increased to 3.3 per cent with the index points standing at 130.0 from 125.9 in the same month last year, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 11 — The ringgit trimmed its earlier gains to end lower against the US dollar on Thursday amid a firmer greenback despite softer United States (US) consumer price index (CPI) data, an analyst said.

KUALA LUMPUR, May 10 — The ringgit extended its loss to end lower today for the third consecutive day against the greenback amid cautious trading ahead of US inflation data later tonight, an analyst said.

KUALA LUMPUR, Feb 14 — The ringgit ended higher against the weaker US dollar as traders adjust their positions ahead of the United States (US) consumer price index (CPI) data set to be released later today.

KUALA LUMPUR, Jan 19 — Bank Negara Malaysia (BNM) made no change in the overnight policy rate in its first monetary policy meeting for 2023, meeting the expectations of some economists and research houses.

KUALA LUMPUR, Sept 30 — Headline inflation has increased to 4.7 per cent in August 2022 from 4.4 per cent in July, in line with market expectations, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Sept 30 — MIDF Research expects price pressures on local producers to ease, given the improving supply chain activities following the decrease in the Baltic Dry Index and the recent correction in commodity prices.

KUALA LUMPUR, Sept 13 — The ringgit extended its downtrend against the US dollar amidst concerns about rising inflation and uncertainties surrounding emerging market (EM) economies, said an analyst.

KUALA LUMPUR, Aug 29 — The ringgit fell back to its lowest level since January 2017 against the US dollar as the greenback rallied to hit a 20-year high against major currencies after US Federal Reserve (Fed) Chair Jerome Powell emphasised that higher interest rates will likely continue for some time.

KUALA LUMPUR, Aug 12 — Core inflation is projected to be closer to the upper end of the 2.0 to 3.0 per cent range in 2022, as demand continues to improve amid the high-cost environment, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus.

KUALA LUMPUR, June 9 — The ringgit rose against the US dollar at the close on Thursday, ahead of the release of the United States’ consumer price index (US CPI) on Friday, said an analyst.

KUALA LUMPUR, June 1 — Malaysia’s inflation increased by 2.5 per cent driven by the rising food and fuel prices in 2021, the Department of Statistic Malaysia (DOSM) said.

KUALA LUMPUR, March 31 — Malaysia continues to be on the path to economic recovery but it should stay cautious due to global uncertainties, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, March 28 — Malaysia’s Consumer Price Index (CPI) is expected to remain encouraging in 2022 with a forecast of 2.4 per cent, thanks to a full-year impact of full economic openings, said Public Investment Bank (PublicInvest).

KUALA LUMPUR, Feb 24 — Malaysia's Consumer Price Index (CPI) increased 2.3 per cent to 124.9 in January 2022 from 122.1 in the same month of the preceding year, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, June 25 — The Consumer Price Index (CPI) rose by 4.4 per cent year-on-year (y-o-y) to 123.1 in May 2021 versus 117.9 in May 2020, said the Department of Statistics Malaysia (DOSM).