KUALA LUMPUR, Feb 8 — The ringgit rebounded to open higher against the US dollar today due to renewed demand as some investors returned to emerging currencies, an analyst said.

KUALA LUMPUR, Feb 3 — Malaysia’s headline consumer price inflation is expected to moderate to between 2.5 and 3.0 per cent in 2023, compared to 3.3 per cent estimated for 2022, mainly driven by the easing of global supply constraints and stabilising of commodity prices.

TOKYO, Jan 27 — Core consumer prices in Japan's capital, a leading indicator of nationwide trends, rose 4.3 per cent in January from a year earlier, marking the fastest annual gain in nearly 42 years and keeping the central bank under pressure to phase out economic stimulus.

PUTRAJAYA, Jan 25 — The overnight policy rate (OPR) can remain at 2.75 per cent if the country’s inflation rate continues to subside in the coming months, Minister of Economy Rafizi Ramli said.

SINGAPORE, Jan 25 — Singapore's key consumer price gauge rose 5.1 per cent in December, slightly higher than forecast, official data showed on Wednesday.

KUALA LUMPUR, Jan 25 — The monetary policy has to reflect the state of the economy and not be static while Bank Negara Malaysia’s (BNM) role must be seen as independent to allow some space to intervene when necessary, said an economist.

KUALA LUMPUR, Jan 25 — The ringgit extended its upbeat momentum to open higher versus the US dollar today, supported by renewed buying interest in the currency and improved sentiment on China’s continued opening for international travel, said an analyst.

KUALA LUMPUR, Jan 20 — Malaysia’s inflation eased to 3.8 per cent in December 2022 as compared to 4.0 per cent in November 2022, thanks to a slower increase in the Food & Non-Alcoholic Beverages group, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Jan 20 — The ringgit extended yesterday’s gains to open higher today against the greenback on renewed buying interest.

JAKARTA, Jan 19 — Indonesia's central bank, Bank Indonesia, announced an increase of 25 basis points in benchmark interest rate to 5.75 per cent on Thursday in order to control inflation amid global economic fluctuation, reported Xinhua.

KUALA LUMPUR, Jan 16 — The ringgit maintained its strength against the US dollar after lower US inflation data led to expectations that the US Federal Reserve (Fed) would scale back a 25-basis point interest rate hike, prompting Malaysian exporters to reduce greenback holdings.

KUALA LUMPUR, Jan 10 — The ringgit opened firmer versus the US dollar on improved demand for the local note backed by solid economic data that show a good recovery from the Covid-19 crisis, including a falling unemployment rate in recent months, said ActivTrades.

KUALA LUMPUR, Dec 30 — CGS-CIMB Securities Sdn Bhd (CGS-CIMB) forecasts Malaysia’s inflation for 2023 to be at three per cent year-on-year (y-o-y), compared to the 2022 forecast (2022F) consumer price index (CPI) inflation of 3.3 per cent y-o-y.

KUALA LUMPUR, Dec 26 — At the beginning of 2022, the outlook for both the ringgit and Bursa Malaysia looked promising as pandemic threats had shrunk.

KUALA LUMPUR, Dec 24 — The ringgit is likely to trade higher against the US dollar next week, between the 4.41 and 4.43 level, with traders keeping a keen eye on China and the movement of oil prices, said an analyst.

KUALA LUMPUR, Dec 23 — MIDF Research opined that the inflation trend in Malaysia is highly driven by robust consumer demand while indicators for cost inflation have eased in recent months.

SINGAPORE, Dec 23 — Singapore’s core inflation stood at 5.1 per cent on a year-on-year (y-o-y) basis in November 2022, unchanged from October, according to the Monetary Authority of Singapore (MAS) and the republic’s Ministry of Trade and Industry (MTI).

KUALA LUMPUR, Dec 23 — Malaysia’s inflation rate stood at 4.0 per cent in November 2022, unchanged from the preceding month, said the Department of Statistics Malaysia (DOSM) today.

KUALA LUMPUR, Dec 21 — The ringgit was almost flat against the US dollar in early trade today as investors remained on the sidelines, awaiting fresh leads to move the market.

KUALA LUMPUR, Dec 16 — Hong Leong Investment Bank Bhd Research (HLIB Research) projects Malaysia’s gross domestic product (GDP) growth to moderate to 4.0 per cent year-on-year (y-o-y) in 2023 as the base effects and initial boost from pent-up demand wane.