DOHA, Qatar, May 24 — Evaluating central banks' interest rate hikes, the managing director of the IMF said it is early to move back on rates, adding that they are expecting cuts before early 2025.
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.
ISTANBUL, April 12 — The global financial system is being tested by higher inflation and interest rates, the International Monetary Fund (IMF) said Tuesday, reported Anadolu.
KUALA LUMPUR, Feb 28 — Bursa Malaysia was lower at midmorning as investors traded cautiously ahead of US key prints tonight to further gauge the Federal Reserve tone in terms of interest rate direction.
LONDON, Feb 4 — Major central bank interest rates moves were off to a tepid start in January with a single hike by Canada but the pace will speed up again in February with policy makers in the US, Britain and the euro zone out of the starting blocks already.
KUALA LUMPUR, Jan 18 — The ringgit opened marginally lower against the US dollar today ahead of the overnight policy rate (OPR) decision by Bank Negara Malaysia’s (BNM) Monetary Policy Committee on Thursday.
KUALA LUMPUR, Dec 13 — The ringgit slipped further against the US dollar at the open today as lingering uncertainty weighed on the market, with investors split on what the US Federal Reserve’s (Fed) next monetary policy moves would be, said a dealer.
KUALA LUMPUR, Nov 17 — The ringgit eased further against the US dollar this morning, continuing yesterday's retracement as the greenback regained ground on expectation of more Federal Reserve (Fed) interest rate hikes, an analyst said.
KUALA LUMPUR, Nov 15 — The ringgit opened marginally higher against the US dollar today with China's reopening theme still resonating in Malaysia's capital markets and triggering some catch-up in other Asia foreign exchange (FX), analysts said.
KUALA LUMPUR, Nov 14 — The ringgit opened higher against the US dollar today as the greenback continued its easing on the expectation that the US Federal Reserve (Fed) will be less hawkish on its monetary policy after softer inflation data there, analysts said.
KUALA LUMPUR, Nov 9 — The ringgit opened higher versus the US dollar today as demand for the greenback weakened in thin trading, analysts said.
KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit opened lower against the US dollar for the sixth consecutive day today as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) decision on the overnight policy rate (OPR), a dealer said.
JAKARTA, June 23 — Indonesia's central bank left interest rates at a record low on Thursday, saying it was monitoring risks from rising inflation and would adjust monetary policy as needed.
KUALA LUMPUR, June 17 — The ringgit further weakened against the US dollar at the close today as the greenback rose sharply after the US Federal Reserve (Fed) brought forward the interest rate expectations.
KUALA LUMPUR, Jan 14 — The ringgit opened marginally lower against the US dollar today due to the lack of buying interest, in spite of the greenback’s weaker performance, said an analyst.
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