KUALA LUMPUR, Sept 20 — The ringgit rebounded to open marginally higher against the US dollar today on renewed buying interest, despite the anticipation of a United States (US) interest rate hike, a dealer said.
KUALA LUMPUR, Sept 19 — The ringgit continued to be weighed by the rising US dollar for the fifth consecutive session as another aggressive United States (US) interest rate hike is expected this week, said an analyst.
KUALA LUMPUR, Sept 6 — Bank Negara Malaysia (BNM) will deliver a third consecutive 25 basis point interest rate hike on Thursday and a fourth in November to quell growing inflationary pressures but will opt to move slowly despite a hawkish US Federal Reserve, a Reuters poll found.
KUALA LUMPUR, Aug 22 — The ringgit ended weaker on Monday against the US dollar, in line with regional currencies which were dragged down by China's move to cut a key lending rate, said an analyst.
KUALA LUMPUR, July 12 — The ringgit retreated from last week's gain to open marginally lower against the US dollar on Tuesday on lack of buying interest.
KUALA LUMPUR, July 4 — Bank Negara Malaysia (BNM) is expected to lift its Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.25 per cent at its fourth Monetary Policy Meeting (MPC) of the year scheduled for this week, according to Moody’s Analytics.
BANGKOK, June 23 — Thailand's central bank said on Thursday any hikes in its benchmark interest rate to tame above-target inflation would be gradual, as the economy faces a slow recovery and a weakening baht currency.
KUALA LUMPUR, June 20 — MIDF Amanah Investment Bank Bhd (MIDF) expects the US Federal Reserve (Fed) would increase its interest rate to 3.40 per cent by year-end.
KUALA LUMPUR, June 16 — Bank Negara Malaysia (BNM) is likely to raise the overnight policy rate (OPR) by at least 25 basis points (bps) by year-end, in view of the aggressive interest rate hike by the United States (US) Federal Reserve (Fed), said Kenanga Investment Bank Bhd.
BENGALURU, May 9 — Bank Negara Malaysia (BNM) will keep its interest rate steady this week to support a still-nascent economic recovery, a Reuters poll showed, but start tightening policy next quarter to avert rising inflationary pressures.
KUALA LUMPUR, Dec 8 — The ringgit strengthened against the US dollar at the opening on Wednesday for some uncertainty over the pandemic has begun to dissipate as scientists have started to have a better understanding of the Omicron variant.
KUALA LUMPUR, July 3 — The ringgit will continue to trade under pressure versus the US dollar next week as currency traders attentively track developments in the US as well as wait for Bank Negara Malaysia’s (BNM) monetary policy committee meeting next Thursday.
KUALA LUMPUR, June 26 — External concerns will continue to play a big role in determining the direction of the ringgit next week, with investors keeping a close eye on developments in the United States.
KUALA LUMPUR, June 19 — The ringgit is likely to trade on a downward bias against the US dollar next week mainly influenced by external factors.
KUALA LUMPUR, June 18 — The ringgit opened at a multiple-week low against the US dollar on Friday, as traders continued to offload emerging currencies on the US Federal Reserve’s (Fed) hawkish stance on its monetary policy.
KUALA LUMPUR, Feb 5 — The ringgit weakened further against the US dollar at the opening on Friday, spurred by buying interest for the greenback as it continued to rally following high Covid-19 vaccination rates and concerns over an interest rate increase by the People's Bank of China (PBoC), said a dealer.
KUALA LUMPUR, Feb 3 — The ringgit opened lower on the strengthening of the US dollar on Wednesday amid the United States (US) proposed US$1.9 trillion coronavirus relief package.
KUALA LUMPUR, Nov 4 — Maybank Investment Bank Bhd Research (Maybank IB Research) said Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 1.75 per cent is to make way for Budget 2021.
KUALA LUMPUR, Nov 3 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 1.75 per cent as the global economy continues to recover, led by improvements in manufacturing and export activity.
KUALA LUMPUR, Oct 23 — The Securities Commission Malaysia (SC) has received 370 queries and complaints on illegal investment schemes as at end-September 2020 compared with 317 for the whole of last year.
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.