KUALA LUMPUR, March 8 — The ringgit opened lower versus the US dollar on the strengthening of the greenback due to rising US Treasury yields that continued to test cross-asset risk sentiment, with the US Congress on the cusp of sending a US$1.9 trillion stimulus bill to President Joe Biden for sign off, dealers said.

KUALA LUMPUR, March 6 — The FBM KLCI is likely to trade higher next week on the back of energy and finance counters due to stronger oil prices and Bank Negara Malaysia’s decision to keep the Overnight Policy Rate (OPR) at 1.75 per cent, according to an analyst.

KUALA LUMPUR, March 5 — The key index ended the week at an intraday high amid cautious sentiment in the broader market, lifted by selected heavyweights including banking stocks that benefited from Bank Negara Malaysia’s decision to maintain the Overnight Policy Rate at 1.75 per cent and amid stronger oil prices, said a dealer.

KUALA LUMPUR, March 5 — The ringgit opened lower versus the US dollar on Friday due to the strengthening greenback, which was supported by the surging US bond yields, dealers said.

KUALA LUMPUR, March 4 — The ringgit failed to maintain its gains at the opening on Thursday, as it traded lower by 30 basis points (bps) against the US dollar, on lack of buying interest, said an analyst.

KUALA LUMPUR, March 3 — The ringgit remained higher versus the US dollar at Wednesday’s opening on moderate buying interest amid a drop in the greenback against the G-10 currencies.

KUALA LUMPUR, March 2 — The ringgit was slightly higher at the opening on Tuesday, buoyed by mild interest despite the stable US dollar and lower crude oil price which is trading at US$63.69 per barrel, down by 1.13 per cent.

KUALA LUMPUR, March 1 — The ringgit opened lower against the US dollar on Monday, hobbled partly by the domino effect of risk-off sentiment on the crude oil market as investors turned cautious ahead of next week’s Organisation of the Petroleum Exporting Countries (OPEC) meeting.

KUALA LUMPUR, Feb 26 — The ringgit extended its downtrend against the US dollar on Friday morning, as the stronger greenback sentiment curbed risk appetite for the local currency, a dealer said.

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 19 — The ringgit opened little changed against the stronger US dollar on Friday.

KUALA LUMPUR, Feb 11 — In the short term, it appears that the worst is over for the oil and gas (O&G) industry after a catastrophic 2020 due to a combination of a supply shock, an unprecedented drop in demand for the commodity and a global humanitarian crisis brought about by the Covid-19 pandemic.

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 2 — Malaysia's trade is expected to recover in 2021 backed by a recovery in global demand, especially for agricultural and manufactured goods, as Covid-19 threats recede following a massive global vaccination programme.

KUALA LUMPUR, Jan 26 — The ringgit reversed recent losses to open higher against the US dollar Tuesday despite a cautious trading mode, an analyst said.

MOSCOW, Oct.

KUALA LUMPUR, June 9 — The ringgit extended last Friday’s upward momentum to trade higher against the US dollar in the early session today on renewed buying interest.

NEW YORK, June 3 — Oil prices gained on Tuesday as market participants bet on extending output cuts by major oil producers, reported Xinhua news agency.

KUALA LUMPUR, May 12 — The ringgit opened slightly lower against the US dollar today as the stronger greenback mitigated interest for the local currency.

KUALA LUMPUR, April 14 — The ringgit edged slightly higher against the US dollar in the early session today as market sentiment on the local note was lifted after the Organisation of the Petroleum Exporting Countries + (OPEC+) agreed to cut production by about 10 million barrels per day in May and June.