KUALA LUMPUR, Feb 19 — The ringgit was slightly higher against the US dollar in early trade amid a higher US Dollar Index (DXY) coupled with gains in US Treasury bonds, said an analyst.
KUALA LUMPUR, Feb 18 — The ringgit slipped against the United States (US) dollar as investors flock to safe-haven assets with all eyes on the meeting between top diplomats from the US and Russia in Saudi Arabia to discuss the possibility of ending the war in Ukraine.
KUALA LUMPUR, Feb 18 — The ringgit opened higher against the US dollar as the market remained cautious ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes on Thursday, said an analyst.
KUALA LUMPUR, Feb 17 — The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Feb 17 — The ringgit ended higher against the United States (US) dollar, fueled by continued expectation that the US Federal Reserve (US Fed) will cut interest rates.
KUALA LUMPUR, Feb 17 — The ringgit opens higher against the US dollar and Asean currencies due to stronger Malaysia’s gross domestic product (GDP) growth in the final quarter (4Q) of 2024, said an analyst.
KUALA LUMPUR, Feb 14 — The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Feb 14 — The ringgit continues to strengthen against the US dollar and Asean currencies ahead of Malaysia’s 2024 gross domestic product (GDP) data release today, said an analyst.
KUALA LUMPUR, Feb 13 —The ringgit ended higher against the US dollar today as the local note corrected from its oversold position.
KUALA LUMPUR, Feb 13 — The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.
KUALA LUMPUR, Feb 12 — The ringgit ended flat against the United States (US) dollar on cautious sentiment regarding the current economic outlook.
KUALA LUMPUR, Feb 12 — The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst.
KUALA LUMPUR, Feb 10 — The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States' (US) import tariff on steel and aluminium industries supported the greenback.
KUALA LUMPUR, Feb 10 — The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing policy uncertainties.
KUALA LUMPUR, Feb 8 — The ringgit is expected to trade within the 4.40-4.45 range against the United States (US) dollar next week, driven by trade developments and broader risk sentiment, said Kenanga Investment Bank Bhd.
KUALA LUMPUR, Feb 7 — The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.
KUALA LUMPUR, Feb 6 — The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
KUALA LUMPUR, Feb 5 — The ringgit opened higher against the US dollar at today’s opening as the US Dollar Index (DXY) fell further with the US labour market indicating a weaker outlook, an analyst said.
KUALA LUMPUR, Feb 4 — The ringgit opened higher against the US dollar as the United States (US) paused import tariff hikes on Canada and Mexico, coupled with softer US economic data, said an analyst.
KUALA LUMPUR, Feb 3 — The ringgit opened slightly lower against the US dollar due to the rise in the US Dollar Index (DXY) after President Donald Trump issued an executive order to raise import tariffs, said an analyst.
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