KUALA LUMPUR, May 23 — The ringgit fell at Thursday's opening as the US dollar strengthened following Federal Reserve minutes highlighting growing concerns about inflation.

KUALA LUMPUR, May 21 — The ringgit retreated against the US dollar to open lower on Tuesday as the risk mood was dampened by cautious US Federal Reserve officials' comments.

KUALA LUMPUR, May 20 — Bursa Malaysia continued its uptrend in early trading today despite the mixed Wall Street performance, taking the cue from the positive economic growth in Malaysia, a dealer said.

KUALA LUMPUR, May 20 — The ringgit started trading slightly higher on Monday against the US dollar amid fresh optimism about the prospects of a September US Federal Reserve rate cut.

KUALA LUMPUR, May 14 — The ringgit retreated to trade lower as the US dollar remained stable despite reports of higher inflation expectations going forward ahead of the release of key US data.

KUALA LUMPUR, April 23 — The ringgit lost ground slightly against the US dollar as the market awaits more macro data releases this week, including the US advance gross domestic product (GDP) for the first quarter and March Personal Consumption Expenditures (PCE) data to gauge the future interest rate outlook.

KUALA LUMPUR, April 22 — The ringgit traded lower against the US dollar in early trade on Monday amid the ongoing Middle East tension that has kept crude oil prices elevated, resulting in further challenges for central banks to meet their inflation goal this year that would result in a higher for longer interest rate environment, especially in the United States.

KUALA LUMPUR, April 19 — The ringgit opened easier against the US dollar today as the greenback strengthened further following the Federal Reserve’s (Fed) official hawkish stance.

KUALA LUMPUR, April 19 — Bursa Malaysia started the morning trading in positive territory, attributed to broad-based buying in response to the regional recovery, while investors were observed to be focusing on counters with high cash reserves.

KUALA LUMPUR, April 18 — The ringgit extended Wednesday’s gains to open higher against the US dollar today as the greenback retreated from multi-month highs after a pullback in US Treasury yields, said an analyst.

KUALA LUMPUR, April 17 — The ringgit opened higher against the US dollar today although the greenback’s appeal as a safe-haven currency remained firm amid the risk-averse sentiment surrounding the market.

KUALA LUMPUR, April 16 — The ringgit opened lower against the US dollar for the second consecutive day today as the greenback strengthened following robust US retail sales data for March, said an analyst.

KUALA LUMPUR, April 15 — The ringgit opened slightly lower against the US dollar on Monday as the greenback’s appeal as a safe haven currency had strengthened amidst the current development in the Middle East conflict, said an analyst.

KUALA LUMPUR, April 12 — The ringgit opened easier against the US dollar today with traders maintaining their focus on the greenback with higher-than-expected US inflation data.

KUALA LUMPUR, April 5 — The ringgit opened flat against the greenback today due to muted demand as investors await further market catalyst.

KUALA LUMPUR, April 4 — The ringgit rebounded to open higher against the US dollar after some selling activities in the greenback, said an analyst.

KUALA LUMPUR, April 3 — The ringgit opened higher against the US dollar on better buying support as the US Dollar Index (DXY) retreated after recent gains by the greenback.

KUALA LUMPUR, March 29 — The ringgit opened softer against the US dollar on Friday on rising bets that the United States (US) might delay its rate cuts based on recent economic data.

KUALA LUMPUR, March 18 — 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, March 15 — The ringgit traded higher against major currencies but was marginally lower against the US dollar at today’s opening on positive developments in United States (US) data.