KUALA LUMPUR, 22 March — The ringgit open marginally lower against the greenback today on worries over the United States (US) rate hike campaign to stabilise inflationary pressures, an analyst said.
KUALA LUMPUR, March 21 — The ringgit opened lower against the US dollar on Monday despite the firmer oil prices as the Russia-Ukraine conflict caused a meteoric rise in oil and other commodity prices, said an analyst.
KUALA LUMPUR, March 17 — The ringgit further improved against the US dollar after the Federal Reserve raised interest rates for the first time since 2018 in an effort to tame inflation.
KUALA LUMPUR, March 15 — The ringgit opened slightly weaker against the stronger US dollar after the latest strong economic data amidst rising inflationary pressures further suggesting that the Federal Reserve (Fed) is on track to gradually remove the monetary policy accommodation.
KUALA LUMPUR, March 9 — The ringgit opened flat against the US dollar today despite the higher crude oil prices.
KUALA LUMPUR, March 8 — The ringgit continued to trade lower against the US dollar in the early trading session today on persistent buying support for the greenback.
KUALA LUMPUR, March 2 — The ringgit retreated from two consecutive days of gains to open lower against the US dollar on Wednesday, due to subdued demand as well as the rising geopolitical tensions, dealers said.
KUALA LUMPUR, Feb 24 — The ringgit fell against the US dollar at the opening today, owing to global geopolitical tensions, but an economist believes that the ongoing Russia-Ukraine crisis will provide support for the local currency in the future.
KUALA LUMPUR, Feb 23 — The ringgit strengthened against the US dollar at the opening today, as geopolitical tensions between Russia and Ukraine escalate, indicating that the current situation is highly vulnerable, adding to the extent of uncertainty in the foreign exchange market and commodities market in particular.
KUALA LUMPUR, Feb 22 — The ringgit opened higher against the US dollar today as foreign exchange market sentiments are expected to revolve around the Russia-Ukraine conflict as the signals are getting mixed, an economist said.
KUALA LUMPUR, Feb 21 — The ringgit opened lower against the US dollar today as the market awaits the latest development on Russia-Ukraine geopolitical tensions and ahead of a handful of speeches from US Federal Reserve policymakers, as well as data releases.
KUALA LUMPUR, Feb 18 — The ringgit recovered from yesterday's losses to open higher against the US dollar today on steady commodity prices, said an analyst.
KUALA LUMPUR, Feb 17 — The ringgit remained strong against the US dollar for the third consecutive day today as the greenback continued to weaken despite the bullish United States (US) retail data, an analyst said.
KUALA LUMPUR, Feb 16 — The ringgit opened higher against the US dollar today following a weaker US dollar as markets welcomed news over the de-escalation of tensions in Eastern Europe, an analyst said.
KUALA LUMPUR, Feb 15 — The ringgit opened little changed against the US dollar today amid expectations of a stronger US dollar due to a potentially sharp increase in the US Federal Fund Rate in March, an analyst said.
KUALA LUMPUR, Feb 14 — The ringgit opened slightly lower against the US dollar today as the geopolitical tensions in Eastern Europe have escalated, leading to risk aversion in the financial market, an analyst said.
KUALA LUMPUR, Feb 11 — The ringgit opened lower against the US dollar today as negative sentiment clouded demand for the local currency, an analyst said.
KUALA LUMPUR, Feb 10 — The ringgit opened lower against the US dollar today on lack of buying interest ahead of Malaysia's fourth-quarter gross domestic product (GDP) data which is due to be released tomorrow, said an analyst.
KUALA LUMPUR, Feb 9 — The ringgit opened lower against the US dollar today as the greenback gained interest following the US Federal Reserve (Fed) rate hike narrative, an analyst said.
KUALA LUMPUR, Feb 8 — The ringgit opened higher against the US dollar today on buying interest despite falling crude oil prices, said an analyst.
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