KUALA LUMPUR, Aug 21 — The ringgit is expected to strengthen further against the US dollar, driven by ongoing global monetary easing from major central banks and a sustained positive interest rate differential.
KUALA LUMPUR, July 2 — The Japanese yen weakened to a fresh 38-year low today, crossing the 161 mark to a low of 161.6 against the greenback, mainly attributed to the contraction in Japan’s gross domestic product (GDP) for the first quarter (1Q) of 2024, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, April 25 — The ringgit traded marginally higher at the close on Thursday against the US dollar ahead of first quarter gross domestic product (GDP) data in the United States later tonight.
KUALA LUMPUR, Sept 13 — The ringgit rose against the Japanese yen but fell against the US dollar ahead of key US inflation data today, analysts said.
KUALA LUMPUR, Sept 6 — The ringgit ended lower against the US dollar today on weak demand for the local currency due to concerns over the bleak global economic outlook.
KUALA LUMPUR, Oct 21 — The ringgit continued its downtrend against the US dollar on Friday, opening at a fresh all-time low of 4.73 due to a lack of market catalysts, exacerbated by global market uncertainties, dealers said.
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