KUALA LUMPUR, March 18 —The ringgit opened lower against the greenback in cautious trading ahead of the United States Federal Reserve (Fed) meeting on March 19-20.
KUALA LUMPUR, Jan 18 — The ringgit ended lower against the US dollar as the first rate cut by the United States (US) Federal Reserve (Fed) is seen to be the primary driver for the risk-off sentiment.
KUALA LUMPUR, Jan 16 — The ringgit extended its decline to close lower against the US dollar today as investors assess the timing and pace of the United States (US) Federal Reserve (Fed) interest rate cuts.
KUALA LUMPUR, Jan 16 — Standard Chartered Bank (StanChart) foresees a brighter economic outlook for Malaysia in 2024 with a higher growth of 4.8 per cent compared with 4.3 per cent last year.
KUALA LUMPUR, Dec 20 — The ringgit closed firmer against the US dollar on Wednesday following the United States Federal Reserve (Fed) expectation of easing its monetary policy next year.
KUALA LUMPUR, Dec 19 -- The ringgit rebounded to close higher against the US dollar on Tuesday as the greenback weakened due to the US Federal Reserve’s (Fed) dovish stance.
KUALA LUMPUR, Dec 7 — The ringgit is expected to recover and appreciate to 4.20 against the US dollar by the end of 2024, given the high likelihood that the United States Federal Reserve (Fed) has ended its tightening cycle, said MIDF Research.
KUALA LUMPUR, Nov 29 — The ringgit is expected to strengthen in 2024 driven by several factors, including the government’s fiscal discipline, better global economic growth and easing of uncertainties in the United States (US) currency policy, Minister of Economy Rafizi Ramli said.
KUALA LUMPUR, Oct 31 — The ringgit ended lower against the US dollar at Tuesday’s close after the latest Chinese manufacturing data came in weaker than expected, while investors await cues from the upcoming United States (US) Federal Reserve (Fed) meeting.
KUALA LUMPUR, Sept 16 — The ringgit is likely to hold up better against G10 currencies next week except the US dollar next week following a revised lower growth forecast and higher inflation rate by the European Central Bank (ECB).
KUALA LUMPUR, Sept 14 — The ringgit continued to close lower against the US dollar on bullish demand for the greenback amidst expectations that the United States (US) Federal Reserve (Fed) would keep its interest rate at the current level, analysts said.
KUALA LUMPUR, Sept 6 — The ringgit traded in a narrow range as the US dollar continued to firm amid nervous sentiments following concerns over the bleak outlook for the global economy after disappointing China and European data.
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 27 — The ringgit opened on a strong note against the US dollar as well as several major Asian and non-Asian currencies today, while the greenback weakened after the United States (US) Federal Reserve (Fed) raised its key interest rates to a 22-year high.
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 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 3 — The ringgit opened slightly higher against the US dollar today due to uncertainties in the market sentiments ahead of the United States’ (US) interest rate decision.
KUALA LUMPUR, April 27 — The ringgit opened lower against the US dollar in early trade today, slipping further on the back of improving United States (US) economic data, an analyst said.
KUALA LUMPUR, April 5 — The ringgit has extended its positive momentum against the US dollar for the second consecutive day, said an economist.
KUALA LUMPUR, March 18 — The ringgit is expected to trade in cautious mode with an upward bias against the US dollar next week ahead of a decision by the United States Federal Reserve (Fed) on its monetary policy.
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