KUALA LUMPUR, Feb 15 — The ringgit had eased against the US dollar this morning, as the greenback stayed firm despite the softer United States (US) inflation print for January, said an analyst.
KUALA LUMPUR, Feb 14 — The ringgit reversed its losses yesterday to open stronger against the US dollar, ahead of the expected release of the United States consumer price index (CPI) data for January later today, said an analyst.
KUALA LUMPUR, Jan 12 — The ringgit extended its uptrend versus the US dollar by opening higher this morning, as demand for the local note improved after the just-released November 2022 unemployment data painted a positive economic outlook, an analyst said.
KUALA LUMPUR, Jan 11 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
KUALA LUMPUR, Jan 11 — The ringgit opened marginally higher against the US dollar today as the US Federal Reserve (Fed) stance on its monetary policy signalled renewed buying interest for the greenback, an analyst said.
KUALA LUMPUR, Jan 10 — Bursa Malaysia retreated from yesterday’s gains to open lower on Tuesday amid mixed sentiments on Wall Street overnight following the United States (US) Federal Reserve’s projection that interest rates may exceed five per cent this year, a dealer said.
KUALA LUMPUR, Jan 6 —The ringgit opened lower against the US dollar on Friday on better demand for the greenback as the United States (US) job data came in better than expected, prompting concerns that the US Federal Reserves (Fed) will continue to hike rates to combat inflation, dealers said.
KUALA LUMPUR, Jan 4 — The ringgit opened slightly higher against the US dollar on Wednesday despite market uncertainty over the US Federal Reserve’s (Fed) upcoming interest rate decision, dealers said.
KUALA LUMPUR, Jan 3 — The ringgit opened marginally higher against the US dollar on the first trading day of 2023, as China’s reopening and anticipation for less aggressive interest rate hikes in the United States (US) boosted buying support, dealers said.
KUALA LUMPUR, Dec 29 — The ringgit traded marginally lower against the US dollar at the opening today following an uptick in geopolitical concerns around China's border reopening and Russia's new oil ban, said an analyst.
KUALA LUMPUR, Dec 28 — The ringgit opened lower against the US dollar today on better demand for the greenback amid strong United States (US) Treasury yields, analysts said.
KUALA LUMPUR, Dec 27 — The ringgit opens higher versus the US dollar today due to a lack of demand for the greenback during the holiday season.
kUALA LUMPUR, Dec 23 — The ringgit retreated from yesterday’s gains to open lower against the US dollar on Friday due to the lack of interest in the local currency as the greenback strengthened on the possibility of another interest rate hike by the United States (US) Federal Reserve (Fed), a dealer said.
KUALA LUMPUR, Dec 22 — The ringgit was slightly higher against the US dollar at the opening today, boosted by buying interest in the local note amidst improving crude oil prices, a dealer said.
KUALA LUMPUR, Dec 21 — The ringgit was almost flat against the US dollar in early trade today as investors remained on the sidelines, awaiting fresh leads to move the market.
KUALA LUMPUR, Dec 20 — The ringgit took a breather from yesterday’s rally to open almost flat against the US dollar this morning, with support for the local note remaining positive.
KUALA LUMPUR, Dec 19 — The ringgit opened higher against the US dollar on Monday, boosted by higher oil prices as the greenback retreated, an analyst said.
KUALA LUMPUR, Dec 16 — The ringgit opened marginally higher against the US dollar on Friday after US Federal Reserve (Fed) chair Jerome Powell revealed a more moderate stance of a half percentage point rise in the benchmark rate to 4.5 per cent, leaving the market digesting the news.
KUALA LUMPUR, Dec 13 — The ringgit slipped further against the US dollar at the open today as lingering uncertainty weighed on the market, with investors split on what the US Federal Reserve’s (Fed) next monetary policy moves would be, said a dealer.
KUALA LUMPUR, Dec 9 — The ringgit opened slightly higher against the US dollar today as the greenback retreated amidst risk-on mode, which saw United States (US) equities improving despite the absence of a fresh catalyst.
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