KUALA LUMPUR, May 10 — The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.
KUALA LUMPUR, May 9 — The ringgit opens lower against the US dollar on Thursday as the greenback remained firm while local market players await the release of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) announcement later today, analysts said.
KUALA LUMPUR, April 5 — The ringgit opened flat against the greenback today due to muted demand as investors await further market catalyst.
KUALA LUMPUR, March 1 — The ringgit continues its momentum to open higher against the US dollar today and improved versus a basket of other major currencies, as well as Asean currencies supported by Bank Negara Malaysia's (BNM) statement on the local note's valuation.
KUALA LUMPUR, Jan 31 — The ringgit opened marginally higher against the US dollar today, as market players remain cautious ahead of the US Federal Reserve’s (US Fed) decision on the interest rate in their first meeting on Wednesday.
KUALA LUMPUR, Jan 30 — The ringgit rebounded to end higher against the US dollar today as investors shifted their focus away from the greenback ahead of the United States (US) interest rate decision tomorrow, said an economist.
KUALA LUMPUR, Dec 6 — The ringgit depreciated against the US dollar for the second consecutive day today due to the lack of demand as the US Dollar Index (DXY) continued to strengthen.
KUALA LUMPUR, Nov 22 — The ringgit opened lower to extend its downtrend against the greenback on Thursday after the American dollar continued to strengthen on the back of encouraging US economic data, a trader said.
KUALA LUMPUR, Nov 17 — The ringgit closed higher against the greenback today as the latest economic data from the United States (US) heightened the expectation the US Federal Reserve (US Fed) is done with interest rate hikes, with traders now speculating on when the Fed will start cutting rates, a dealer said.
KUALA LUMPUR, Oct 17 — The ringgit opened higher versus the US dollar this morning following a decline in the US Dollar Index as investors awaited further clues on whether the US Federal Reserve would increase interest rates again.
KUALA LUMPUR, Aug 17 — The ringgit traded lower against the US dollar at the opening today as the US Dollar Index strengthened by 0.20 per cent to 103.419 points.
KUALA LUMPUR, July 18 — The ringgit traded easier against the United States dollar at the opening today, as China’s lower-than-expected gross domestic product data appeared to drive down the ringgit, said an analyst.
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.
Ringgit extends gains vs US dollar at opening KUALA LUMPUR, June 28 — The ringgit extended its gains to open higher this morning, amidst positive developments in the Asian foreign exchange (forex) market. Risk appetites improved after Malaysia and China’s central banks moved to stop the slide...
KUALA LUMPUR, June 23 — The ringgit continued its downtrend to open lower against the US dollar on Friday after the greenback continued to strengthen on encouraging economic data, an economist said.
KUALA LUMPUR, June 16 — The ringgit opened higher against the US dollar this morning despite the prevailing cautious sentiments surrounding China's economic growth.
KUALA LUMPUR, June 15 — The ringgit continued to open lower versus the the US dollar today on subdued demand despite the US Federal Reserve (Fed) leaving its benchmark rate at 5.25 per cent during the Federal Open Market Committee meeting last night.
KUALA LUMPUR, June 13 — The ringgit continued to open weaker versus the US dollar today as cautious sentiments prevailed ahead of the United States (US) Federal Reserve’s (Fed) interest rate decision on Wednesday.
KUALA LUMPUR, May 19 — The ringgit slipped against the greenback at the opening today as the release of several United States (US) macroeconomic data boosted the US currency.
KUALA LUMPUR, May 12 — The ringgit opened lower against the US dollar in the early session today as the greenback stayed firmer following the release of the United States (US) Producer Price Index (PPI).
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