KUALA LUMPUR, July 15 — The ringgit opened higher against the US dollar today, in line with strengthening Chinese yuan supported by upbeat China’s June economic data release, said an analyst.
KUALA LUMPUR, July 14 — The ringgit closed easier against the United States (US) dollar on Monday, tracking the performance of its regional peers, as market sentiment remained extremely guarded while the foreign exchange market navigated a period of economic uncertainties.
KUALA LUMPUR, July 14 — The ringgit opened higher against the US dollar today, lifted by concerns over Washington’s plan to impose tariffs on three major trading partners from August 1, 2025.
KUALA LUMPUR, July 13 — Malaysia’s brisk ringgit-denominated transactions will continue to entrench the local currency as among the top 20 currencies globally, a top wealth management company official said today.
KUALA LUMPUR, July 11 — The Malaysian Rating Corporation Bhd (MARC Ratings) forecasts the Malaysian economy to grow by 4.4 per cent in 2025, down from 5.1 per cent in 2024, as external trade uncertainties dampen export momentum.
KUALA LUMPUR, July 11 — The ringgit opened slightly lower against the US dollar today, supported by a slightly firmer US Dollar Index (DXY) and mixed signals from the US Federal Reserve (US Fed).
KUALA LUMPUR, July 10 — The ringgit rebounded to end higher as the United States (US) dollar fluctuated on Thursday amid rising trade tensions after the US government issued new tariff threats on the global market.
KUALA LUMPUR, July 10 — The ringgit opened firmer against the United States dollar today, as markets shrugged off the 25-basis-point Overnight Policy Rate (OPR) cut to 2.75 per cent by Bank Negara Malaysia yesterday.
KUALA LUMPUR, July 9 — The ringgit closed lower against the greenback today as concerns over US tariffs continued to dominate market sentiment.
KUALA LUMPUR, July 9 — The ringgit opened slightly lower against the United States dollar today, as investors remained cautious ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting, with economists divided over the likelihood of an overnight policy rate (OPR) cut, said an analyst.
KUALA LUMPUR, July 8 — The ringgit closed lower against the United States (US) dollar as market sentiment weakened amid the US' latest reciprocal tariff policy adjustments, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting tomorrow.
KUALA LUMPUR, July 8 — The ringgit opened lower against the US dollar on Tuesday as market sentiment turned cautious following the United States’ (US) latest reciprocal tariff policy adjustments, which will take effect on August 1, 2025, said an analyst.
KUALA LUMPUR, July 7 — The ringgit closed weaker against the United States (US) dollar on Monday but traded better against major currencies, as traders and investors are observing the US tariff situation.
KUALA LUMPUR, July 6 — Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.
KUALA LUMPUR, July 3 — The ringgit closed higher against the United States (US) dollar today, supported by improved regional sentiment following a new US-Vietnam trade deal, said SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, July 3 — The ringgit opened higher against the United States dollar today, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the US’ 90-day tariff pause, an analyst said.
KUALA LUMPUR, July 2 — The ringgit closed lower against the United States (US) dollar today, as fading hopes of a trade deal ahead of the upcoming US tariff deadline weighed on investor sentiment.
KUALA LUMPUR, July 2 — The ringgit opened stronger against the United States dollar today, supported by continued weakness in the greenback as fiscal uncertainties and tariff risks in the US weighed on sentiment, an analyst said.
KUALA LUMPUR, July 1 — The ringgit closed higher against the United States (US) dollar today, supported by improved sentiment towards emerging market currencies amid a weaker greenback.
KUALA LUMPUR, July 1 — The ringgit extended its upward trend at today’s open, buoyed by persistent weakness in the US dollar.
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