KUALA LUMPUR, July 16 — The ringgit opened lower against the United States (US) dollar today as the greenback strengthened on waning hopes of an interest rate cut this month by the US.
BENGALURU, July 14 — A bare majority of economists polled by Reuters expect Bank Indonesia (BI) to cut interest rates on Wednesday, while a wider majority expect it will do so by the end of the quarter.
KUALA LUMPUR, Nov 16 — The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, Sept 30 — The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.
KUALA LUMPUR, Sept 23 — The ringgit opened almost flat on Monday and is expected to retain its bullish trend as the United States (US) Federal Reserve’s (Fed) rate cut last week signalled a soft landing for US economic growth.
FRANKFURT, March 7 — Amid growing calls for interest rate cuts, the European Central Bank (ECB) is to set its future monetary policy course on Thursday.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.