KUALA LUMPUR, April 14 — The ringgit opened higher against the greenback for the third consecutive day, as the US dollar had slipped following a surprising decline in the United States’ (US) producer price index (PPI) in March, said an analyst.
KUALA LUMPUR, April 7 — The ringgit opened marginally lower against the US dollar today on the expectation of a pause in the United States Federal Reserve’s Fund Rate in the next meeting from May 2 to May 3, 2023.
KUALA LUMPUR, March 28 — The ringgit opened higher against the US dollar on renewed demand for the local currency ahead of Bank Negara Malaysia’s (BNM) annual report on March 29 and the release of US consumer confidence data later today, said an analyst.
KUALA LUMPUR, March 24 — The ringgit was traded slightly lower against the US dollar in the early session today, as some investors took advantage of the weaker greenback, dealers said.
KUALA LUMPUR, March 23 — The ringgit maintained its positive momentum against the US dollar in the early trading session on Thursday, as growing concerns over the global economic outlook shifted more investors towards emerging currencies, including the ringgit, dealers said.
KUALA LUMPUR, March 21 — The ringgit has maintained its uptrend against the US dollar in the early session today as growing concerns over global economic developments saw more investors shifting away from the safe havens, dealers said.
KUALA LUMPUR, Jan 5 — The ringgit ended lower against the US dollar today as the greenback strengthened on the back of positive US economic data.
KUALA LUMPUR, Dec 9 — The ringgit opened slightly higher against the US dollar today as the greenback retreated amidst risk-on mode, which saw United States (US) equities improving despite the absence of a fresh catalyst.
KUALA LUMPUR, Nov 17 — The ringgit eased further against the US dollar this morning, continuing yesterday's retracement as the greenback regained ground on expectation of more Federal Reserve (Fed) interest rate hikes, an analyst said.
KUALA LUMPUR, Nov 9 — The ringgit opened higher versus the US dollar today as demand for the greenback weakened in thin trading, analysts said.
KUALA LUMPUR, Sept 9 — The ringgit ended higher against the US dollar on Friday as sentiment improved thanks to Malaysia’s manufacturing sales value which grew by 23.8 per cent to RM148.4 billion in July and a stronger Industrial Production Index (IPI) data, said a dealer.
KUALA LUMPUR, Aug 25 — The ringgit extended yesterday's gains to end higher against the US dollar today, boosted by steady oil prices, said an analyst.
KUALA LUMPUR, July 7 — The ringgit continues its slide against the US dollar today as the greenback strengthened further, standing out as a safe-haven currency as traders digested the Federal Reserve's (Fed) latest meeting’s minutes on Wednesday.
KUALA LUMPUR, May 26 — The ringgit ended slightly weaker against the US dollar today as the greenback strengthened amid continuing debate on whether China’s new stimulus package alone would be able to dig the country out of a lockdown-induced economic hole, said an analyst.
KUALA LUMPUR, April 26 — The ringgit snapped its seven-day losing streak to rebound slightly on Tuesday as the market entered correction mode.
KUALA LUMPUR, March 23 — The ringgit closed weaker against the US dollar today as the hawkish stance by the United States (US) Federal Reserve (Fed) boosted the greenback, taking a toll on emerging market currencies.
KUALA LUMPUR, Feb 11 — The ringgit ended lower against the US dollar today as the greenback strengthened further following the release of US consumer price index (CPI) data, dealers said.
KUALA LUMPUR, Feb 10 — The ringgit ended flat against the US dollar today, trading in a cautious mode ahead of the release of global and domestic economic data which would set the tone for market direction, dealers said.
KUALA LUMPUR, Jan 28 — The ringgit pared earlier losses to end higher against the US dollar today despite the broader strength of the greenback, supported by better performance on the local equities market.
KUALA LUMPUR, Jan 25 — The ringgit slipped further against the US dollar at close today as the greenback, a safe haven currency, strengthened amid rising geopolitical risks in Eastern Europe, while investors await the outcome from the US Federal Open Market Committee (FOMC) meeting, dealers said.
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