KUALA LUMPUR, Jan 22 — Research houses have projected that Malaysia’s headline inflation will be in the 3.2 per cent to 3.3 per cent range this year.

KUALA LUMPUR, Jan 9 — The ringgit is expected to be one of the best-performing currencies in the region in 2024, with it ending the year at RM4.40 against the US dollar, said the Affin Group.

KUALA LUMPUR, Dec 26 — Further improvements in the supply chain and a reduction in global demand may help to keep inflation within the 2.5-3.0 per cent range next year, says Kenanga Research.

KUALA LUMPUR, Dec 7 — The ringgit is expected to recover and appreciate to 4.20 against the US dollar by the end of 2024, given the high likelihood that the United States Federal Reserve (Fed) has ended its tightening cycle, said MIDF Research.

KUALA LUMPUR, Nov 4 — The ringgit’s value versus the US dollar should not be used as the sole gauge of the state of the economy, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Nov 4 — The ringgit is expected to strengthen further next week between the range of RM4.72 and RM4.73 against the US dollar, said Bank Muamalat Malaysia Bhd's chief economist and head of social finance Mohd Afzanizam Abdul Rashid.

KUALA LUMPUR, Nov 2 — Bank Negara Malaysia’s (BNM) decision to hold the Overnight Policy Rate (OPR) at 3.0 per cent in its last Monetary Policy Meeting (MPC) for this year aligns with consensus expectations and will help to build market confidence, according to economists.

KUALA LUMPUR, Nov 2 — The ringgit closed higher against the greenback on Thursday, rebounding after two days of decline, as Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) at three per cent.

KUALA LUMPUR, Nov 2 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent during its last meeting of the year today.

KUALA LUMPUR, Oct 30 — The ringgit closed firmer against the US dollar today on hopes the US Federal Reserve (Fed) would continue to pause its interest rate hikes.

KUALA LUMPUR, Oct 23 — External factors continue to drive the performance of the ringgit and regional currencies, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

SINGAPORE, Oct 18 — Malaysia’s real gross domestic product (GDP) is expected to grow 4.3 per cent in 2024, up from the 4.0 per cent growth expected for 2023.

KUALA LUMPUR, Sept 14 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia to hold its overnight policy rate at 3.00 per cent until the end of 2024 as domestic inflation continues to ease amid slowing economic growth.

KUALA LUMPUR, Sept 11 — The Federation of Malaysian Manufacturers (FMM) said the country’s manufacturing sector slowed down further in the first half of 2023 (1H2023) and with the global economy tilted towards the downside, the sector’s outlook for the 2H2023 remains cautious.

KUALA LUMPUR, Sept 7 — The ringgit ended almost flat against the US dollar on Thursday, weighed by weaker oil prices despite Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.0 per cent, an analyst said.

KUALA LUMPUR, Sept 7 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) announced a status quo on interest rates after deciding to maintain the overnight policy rate (OPR) at 3.0 per cent.

KUALA LUMPUR, Sept 7 — The ringgit eased further against the US dollar as fresh worries over sticky US inflation kept investors away from emerging markets.

PETALING JAYA, Aug 17 — The Real Estate and Housing Developers’ Association (Rehda) Malaysia is optimistic that the property industry will be able to absorb the impact from another hike in the overnight policy rate.

KUALA LUMPUR, June 20 — The government maintains its position not to peg the ringgit in dealing with its weakness compared to the US dollar due to its adverse effects on the rakyat, said Deputy Finance Minister 1 Datuk Seri Ahmad Maslan.

KUALA LUMPUR, May 25 — The ringgit extended its downtrend against the US dollar this morning, breaching the 4.6 level as the greenback continued to strengthen on the expectation of an interest rate hike in the United States (US).