KUALA LUMPUR, July 22 — The ringgit rebounded to end higher against the US dollar on Thursday, backed by rising crude oil prices amid the high number of daily Covid-19 cases in Malaysia.
KUALA LUMPUR, July 17 — The ringgit is expected to trade at current levels next week and is poised to reach the 4.30 level against the US dollar should risk-on sentiment hold and oil prices continue to decline, according to a trader.
KUALA LUMPUR, July 12 — The ringgit opened firmer against the US dollar, backed by rising crude oil prices amid the higher number of Covid-19 cases in Malaysia.
KUALA LUMPUR, July 9 — The ringgit opened firmer against the US dollar on Friday, buoyed by the rise in oil prices.
KUALA LUMPUR, June 29 — The ringgit opened slightly lower against the US dollar this morning as the oil price had declined amidst concerns that the spread of the Covid-19 Delta variant would ease demand for fuel, an analyst said.
KUALA LUMPUR, June 28 — The ringgit opened slightly higher against the US dollar this morning, backed by firmer crude oil prices amid market volatility, as the full movement control order (FMCO) was set to be extended, a dealer said.
KUALA LUMPUR, June 24 — The ringgit ended higher against the US dollar today, supported by firmer oil prices while a looming trade war between China and the United States dampened appetite for the greenback.
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 recovered some lost ground to end the week slightly higher against the US dollar, on positive sentiment as oil prices remain steady while vaccination rate in the country improves, an analyst said.
KUALA LUMPUR, April 30 — The ringgit opened firmer against the US dollar today on renewed buying interest, tracking the steadier oil prices, said an analyst.
KUALA LUMPUR, April 10 — The ringgit is expected to trade in a tight range against the US dollar next week at between 4.1275 and 4.1475 as the market cautiously monitors US Treasury yields and oil prices, said AxiCorp chief global market strategist Stephen Innes.
KUALA LUMPUR, April 3 — The ringgit is likely to move range-bound with a downside risk next week between 4.1350-4.1470 amid potentially better oil prices and concern over a slower economic recovery.
KUALA LUMPUR, March 29 — The ringgit was a relative outperformer against the US dollar at the close today as most Asian currencies retreated versus the greenback, said OANDA Asia Pacific senior market analyst Jeffrey Halley.
KUALA LUMPUR, Feb 25 — The ringgit ended slightly better against the US dollar today, driven by higher oil prices and the weakening of the greenback, said an analyst.
KUALA LUMPUR, Feb 20 — Petroliam Nasional Bhd (Petronas) believes the worst is probably over but the oil and gas industry as a whole, and the company, in particular, is not out of the woods yet following a challenging 2020 and with the kind of impairment that it must recognise to meet accounting standards.
KUALA LUMPUR, Feb 4 — The ringgit opened marginally higher against the US dollar on Thursday, supported by higher oil prices, with benchmark Brent crude nearing US$60 per barrel, said an analyst.
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.
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.