Local note buoyed by expectations of Washington interest rate cuts

Traders adopt wait-and-see approach ahead of Federal Open Market Committee meeting outcome

Local note also trades higher against Asean currencies, mixed against several major ones

Malaysian note buoyed by weaker American indices, including in retail sales

Local note nearly breaches 13-month high last set in Sept 27, 2024

Local note at 4.12 level as US dollar slides over weaker economic data

Local note continues rise against US dollar, driven by positive Malaysian economic data

Bank Muamalat Malaysia projects benchmark interest rate maintained at 2.75 pct, says analyst

Investors cautious ahead of Malaysian, Washington lending rate decisions

Local note set to hover around RM4.20 level against greenback today

Local note expected to trade in narrow range of around RM4.22 to RM4.23 today

Greenback weakens on renewed US-China trade tensions, analyst says

Local note however eases against regional, major currencies

DXY rising over Washington shutdown but trend may be unsustainable, says analyst

Local note also climbs against regional, other major currencies

It is expected to trade at RM4.19 range, says economist

KUALA LUMPUR, July 31 — The ringgit opened higher against the United States dollar and a basket of major currencies today, ahead of the 13th Malaysia Plan (13MP) announcement this afternoon, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

KUALA LUMPUR, July 10 — The ringgit opened firmer against the United States dollar today, as markets shrugged off the 25-basis-point Overnight Policy Rate (OPR) cut to 2.75 per cent by Bank Negara Malaysia yesterday.

KUALA LUMPUR, July 9 — The ringgit opened slightly lower against the United States dollar today, as investors remained cautious ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting, with economists divided over the likelihood of an overnight policy rate (OPR) cut, said an analyst.

KUALA LUMPUR, July 3 — The ringgit opened higher against the United States dollar today, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the US’ 90-day tariff pause, an analyst said.