KUALA LUMPUR, Jan 22 — The ringgit opened stronger for the third consecutive day against the greenback, supported by a decline in the US Dollar Index (DXY) as investors awaited further cues from the White House regarding developments in trade policy.
KUALA LUMPUR, Jan 17 — UOB Kay Hian Wealth Advisors is optimistic that Malaysia's 2024 gross domestic product (GDP) will exceed the advance estimate of 5.1 per cent announced today by the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Jan 10 — The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst.
KUALA LUMPUR, Jan 6 — The ringgit opened higher against the US dollar and other major currencies amid cautious sentiment ahead of the People's Bank of China (PBoC) fixing today, an analyst said.
KUALA LUMPUR, Jan 4 — The ringgit is expected to trade on a softer note against the United States (US) dollar, remaining within a narrow range next week.
KUALA LUMPUR, Jan 3 — The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.
KUALA LUMPUR, Dec 28 — The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.
KUALA LUMPUR, Dec 27 — The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.
KUALA LUMPUR, Dec 26 — The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter.
KUALA LUMPUR, Dec 24 — The ringgit maintained its upward trajectory to close higher against the United States (US) dollar and major currencies, mainly lifted by rising oil prices.
KUALA LUMPUR, Oct 24 — Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst.
KUALA LUMPUR, Sept 20 — As the latest iPhone 16 becomes available in Malaysia, many consumers are considering whether buying the device locally is the best financial choice, especially considering the fluctuating ringgit against major currencies such as the United States (US) dollar and the Singapore dollar.
KUALA LUMPUR, Aug 22 — The ringgit continued its upward trend versus the US dollar at the opening as the US Dollar Index (DXY) recently fell to its weakest point in 2024, prompting buying interest for other currencies, including the ringgit.
KUALA LUMPUR, Aug 1 — The ringgit continued its strong stride today, hitting a near one-year high after strengthening against the US dollar for nine straight days.
KUALA LUMPUR, July 31 — The ringgit continued its uptrend today, closing at a near 11-month high of RM4.58 against the US dollar.
KUALA LUMPUR, July 24 — The ringgit was slightly higher at the close today, despite the US dollar remaining fairly favourable against other major currencies, amid anticipation for the United States (US) interest rate cut.
KUALA LUMPUR, July 20 — Investors are expected to shift their focus towards Asian currencies, including the ringgit, next week to mitigate uncertainty clouding the US dollar, said UOB Kay Hian Wealth Advisors Sdn Bhd.
KUALA LUMPUR, July 19 — The ringgit closed easier against the US dollar on Friday, taking a breather from its recent rally as market participants continued to take profits while awaiting further developments on the US central bank’s interest rate.
KUALA LUMPUR, July 18 — As economic indicators continue to paint a promising picture, optimism surrounding the gross domestic product (GDP) growth has surged, with analysts believing that the economy could grow beyond the initial projections of 4.0 to 5.0 per cent this year.
KUALA LUMPUR, June 7 — Bursa Malaysia opened higher today, driven by positive China's export data estimation set to be released today, said an analyst.
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