KUALA LUMPUR, March 1 — The ringgit continues its momentum to open higher against the US dollar today and improved versus a basket of other major currencies, as well as Asean currencies supported by Bank Negara Malaysia's (BNM) statement on the local note's valuation.

KUALA LUMPUR, Jan 24 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent during its first meeting of the year today, marking the fourth consecutive meeting that the MPC has opted to hold the key rate.

KUALA LUMPUR, Dec 27 —The ringgit swung like a yo-yo in 2023, but the country’s strong economic fundamentals and improving economy helped support the local currency from weakening further against the US dollar.

KUALA LUMPUR, Dec 22 — Malaysia’s Look East Policy with the inclusion of China will increase trading and investment cooperation between both countries, resulting in higher economic growth and revenue for Malaysia, the Malaysian Institute of Economic Research (MIER) said.

KUALA LUMPUR, Dec 9 — The ringgit is expected to trade in cautious mode with an upward bias against the US dollar next week ahead of a decision by the US Federal Reserve (Fed) on its monetary policy.

KUALA LUMPUR, Nov 16 — The ringgit opened easier against the US dollar today on mild profit-taking on the local currency in light of the sharp appreciation recently, said an analyst.

KUALA LUMPUR, Oct 5 — The ringgit opened higher against the US dollar this morning, as the local currency received some support after the US dollar index (DXY) declined to 106.773 points in anticipation of the release of the United States (US) Nonfarm Payroll (NFP) data tomorrow.

KUALA LUMPUR, Oct 3 — The ringgit continued to trade on the back foot today, opening lower against the US dollar following better-than-expected United States' (US) ISM Manufacturing Index data.

KUALA LUMPUR, Sept 26 — The ringgit closed easier against the US dollar on better demand for the greenback as the US 10-year bond yields made new highs, said an analyst.

KUALA LUMPUR, Sept 25 — The ringgit closed higher against the US dollar and other major currencies today, supported by rising oil prices, an economist said.

KUALA LUMPUR, Sept 12 — The ringgit opened slightly higher against the US dollar and other major currencies on the rising expectation that the US Federal Reserve (Fed) would not raise interest rates when it meets next week.

KUALA LUMPUR, Sept 8 — The ringgit saw little change against the US dollar at the close as investors remained on the sidelines due to a lack of fresh catalysts.

KUALA LUMPUR, Aug 27  — Malaysia is expected to receive more investments going forward, supported by investors’ confidence in the Madani Economy framework and from offshoots from existing investments, said Malaysia Semiconductor Industry Association (MSIA).

KUALA LUMPUR, Aug 24 — The ringgit opened higher against the US dollar this morning on weaker manufacturing purchasing managers index (PMI) flash estimates for advanced economies, said an analyst.

UALA LUMPUR, Aug 23 — The ringgit opened lower against the US dollar this morning as market participants awaited more signals from the US Federal Reserve (US Fed) ahead of the Jackson Hole Symposium, said an analyst.

KUALA LUMPUR, Aug 22 – The ringgit opened little changed against the US dollar this morning on mixed market sentiment as concerns over global growth have escalated following the recent policy rate cut by the People's Bank of China, said an analyst.

KUALA LUMPUR, July 3 — The ringgit continues its upward momentum to open marginally higher against the US dollar on Monday as the local note seemed to have been stabilised by the Bank Negara Malaysia’s (BNM) intervention, said an analyst.

KUALA LUMPUR, June 2 — The ringgit traded higher against the US dollar in the early session today as investors await the release of the United States (US) nonfarm payrolls data later today, said a dealer.

KUALA LUMPUR, May 15 — The ringgit opened lower against the US dollar today as the greenback strengthened on fears of an economic slowdown, said an analyst.