KUALA LUMPUR, July 11 — The ringgit opened slightly lower against the US dollar today, supported by a slightly firmer US Dollar Index (DXY) and mixed signals from the US Federal Reserve (US Fed).
KUALA LUMPUR, June 25 — The ringgit extended its upward momentum to open higher against the US dollar and other major currencies today, after the United States (US) Federal Reserve (Fed) signalled it was in no hurry to cut interest rates, opting instead to monitor the economy’s trajectory, an analyst said.
KUALA LUMPUR, May 20 — The ringgit opened marginally lower against the US dollar today as traders remained cautious ahead of a possible interest rate cut by the United States Federal Reserve (Fed), an analyst said.
KUALA LUMPUR, Feb 7 — The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.
KUALA LUMPUR, Feb 6 — The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
KUALA LUMPUR, Jan 3 — The ringgit weakened against the US dollar at today's opening, continuing its downtrend due to higher demand pressure for the greenback.
KUALA LUMPUR, Jan 2 — The ringgit opened lower against the US dollar on the first trading day of the year, weighed by market concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.
KUALA LUMPUR, Dec 20 — The ringgit opened nearly flat against the US dollar as the outcome of the two-day Federal Open Market Committee (FOMC) meeting and stronger US economic data are expected to remain supportive of the dollar, an economist said.
KUALA LUMPUR, Nov 8 — The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.
KUALA LUMPUR, Nov 4 — The ringgit rebounded, opening higher against the US dollar on Monday as the greenback softened, with markets awaiting key events later in the week.
KUALA LUMPUR, Oct 23 — The ringgit continued to weaken against the US dollar on Wednesday as uncertainty surrounding the outcome of the US presidential election on November 5 weighed on the local currency.
KUALA LUMPUR, Aug 26 — The ringgit opened stronger at 4.35 against the US dollar, hitting almost a 28-month high, as the US Federal Reserve (Fed) appeared on track for an interest rate cut, said an analyst.
KUALA LUMPUR, Aug 23 — The ringgit opened marginally higher against the US dollar today, ahead of the US Federal Reserve (Fed) chairman Jerome Powell’s speech later today at the Jackson Hole Symposium.
KUALA LUMPUR, Aug 10 — The ringgit is expected to continue its uptrend against the US dollar next week on the back of positive sentiment ahead of the release of macroeconomic data, an analyst said.
KUALA LUMPUR, June 28 — The ringgit opened slightly lower against the US dollar today as a cautious US economic outlook moved more investors to shift to haven currencies, an economist said.
KUALA LUMPUR, June 13 —The ringgit opened on a stronger note against the American dollar today on renewed buying interest as the US Federal Reserve (Fed) left interest rates unchanged overnight while signalling a rate cut would happen sometime this year.
KUALA LUMPUR, May 27 — The ringgit opened higher against the US dollar on Monday amid renewed buying interest.
KUALA LUMPUR, May 25 — The ringgit is likely to continue its downward trend against the US dollar next week, possibly around the RM4.71 to RM4.72 range, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, May 23 — The ringgit fell at Thursday's opening as the US dollar strengthened following Federal Reserve minutes highlighting growing concerns about inflation.
KUALA LUMPUR, May 21 — The ringgit retreated against the US dollar to open lower on Tuesday as the risk mood was dampened by cautious US Federal Reserve officials' comments.
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