KUALA LUMPUR, June 9 — The ringgit traded in a narrow range against the United States (US) dollar on Monday amid cautious sentiment in the currency market ahead of US-China trade talks set to take place later today.

KUALA LUMPUR, April 12 — The ringgit is expected to extend its gains against the US dollar next week, potentially trading between 4.41 and 4.42, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

KUALA LUMPUR, April 4 — A company director lost RM5.5 million after allegedly falling victim to a foreign exchange transaction scam.

KUALA LUMPUR, March 3 — The ringgit closed lower against the United States (US) dollar on Monday as the forex market tiptoes into the week on high alert, stuck in a “wait and see” mode, as traders hedge their bets ahead of Donald Trump’s tariff D-Day tomorrow.

By Danial Dzulkifly KUALA LUMPUR, Feb 12 — Amid global uncertainty driven by Donald Trump's administration's trade wars and protectionist policies, Petaling Jaya MP Lee Chean Chung says Malaysia must use its middle-power status to strengthen regional cooperation and uphold...

KUALA LUMPUR, March 6 — Bank Negara Malaysia (BNM) is fully committed to ensuring the ringgit's stability in light of the government and the central bank's coordinated efforts to sustainably increase inflows into the foreign exchange (forex) market.

KUALA LUMPUR, Dec 27 — The ringgit opened marginally higher against the US dollar on Wednesday as risk sentiment remained driven by anticipation of a Federal Reserve interest rate reduction in March next year, said an analyst.

KUALA LUMPUR, Nov 20 — The ringgit closed stronger against the US dollar today in line with the broader foreign exchange (forex) market as traders started to consider the real possibility of the United States Federal Reserve (Fed) cutting interest rates for non-recessionary reasons, said an analyst.

KUALA LUMPUR, Nov 16 — The ringgit opened easier against the US dollar today on mild profit-taking on the local currency in light of the sharp appreciation recently, said an analyst.

x KUALA LUMPUR, Nov 15 — The ringgit opened higher today as demand for the US dollar declined after the US Consumer Price Index (CPI) data came in lower than expected at 3.2 per cent in October versus consensus estimates of 3.3 per cent.

KUALA LUMPUR, Nov 14 — The ringgit closed lower against the US dollar today as traders awaited the release of the United States consumer price index (CPI) data later in the day.

KUALA LUMPUR, Oct 5 — The ringgit opened higher against the US dollar this morning, as the local currency received some support after the US dollar index (DXY) declined to 106.773 points in anticipation of the release of the United States (US) Nonfarm Payroll (NFP) data tomorrow.

KUALA LUMPUR, Oct 4 — The ringgit was marginally lower against the US dollar at today’s close, in line with other emerging market currencies, as investors remained on the sidelines, awaiting the US private employment data scheduled to be released later today.

KUALA LUMPUR, Oct 3 — The ringgit continued to trade on the back foot today, opening lower against the US dollar following better-than-expected United States' (US) ISM Manufacturing Index data.

PUTRAJAYA, June 28 — Intervention in the foreign exchange (forex) market is a normal and routine matter for Bank Negara Malaysia (BNM), which continuously monitors capital inflows and outflows, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, March 16 — The ringgit snapped its three-day gaining streak to end lower against the US dollar today amid lingering uncertainty over the global banking system, said an analyst.

KUALA LUMPUR, Jan 9 — The ringgit traded broadly higher against the US dollar today at the opening today as weaker US economic data released last Friday triggered a significant decrease in US Treasury yields, said an analyst.

KUALA LUMPUR, Dec 3 — The ringgit is expected to trade between the 4.38 and 4.40 level against the US dollar next week with an upward bias, especially if foreign exchange (FX) markets continue to price in a slowdown in the US interest rate hike cycle with Malaysia’s new Cabinet offering further support.

KUALA LUMPUR, April 23 — The Ministry of Finance (MOF) said the ringgit has remained competitive, with inflation in check, despite headwinds from global geopolitical tensions and uncertainties.

KUALA LUMPUR, April 28 — The ringgit opened slightly lower against the US dollar on renewed demand for the greenback as steady US Treasury yields and increased risk aversion following surging Covid-19 cases, mainly in Asia, lent support to the US dollar.