KUALA LUMPUR, July 25 — The ringgit rebounded against the US dollar at the close today after five consecutive days of depreciation, following the People's Bank of China's move to fix the Chinese yuan stronger, while prospects of more policy stimulus in China bodes well for exporters like Malaysia.
KUALA LUMPUR, July 21 — The ringgit opened lower against the US dollar today as the greenback strengthened following higher United States Treasury yields, said analysts.
KUALA LUMPUR, July 20 — The ringgit ended easier against the US dollar today, bucking the regional trend impacted by the slide in oil prices and moderating trade data released at noon, said an analyst.
KUALA LUMPUR, July 20 — The ringgit opened easier against the US dollar, in tandem with the weakness in the Chinese yuan, said an analyst.
KUALA LUMPUR, July 17 — The ringgit opened slightly easier against the US dollar following signs of deflation in the United States (US) markets, said an analyst.
KUALA LUMPUR, July 13 — The current ringgit rate would offer a competitive advantage for Malaysia’s exports to the United Kingdom (UK), besides boosting the local tourism industry, said analysts.
KUALA LUMPUR, July 12 — The ringgit appreciated against the US dollar at the opening today, supported by rising oil prices and strong demand from China for Malaysia’s main commodities, particularly oil, said an analyst.
KUALA LUMPUR, July 10 — The ringgit was almost flat against the US dollar on Monday’s close on a lack of demand and declining oil prices.
KUALA LUMPUR, July 10 — The ringgit opened firmer against the US dollar this morning on the back of softer United States (US) nonfarm payroll (NFP), which has helped to stabilise the local note, said an analyst.
KUALA LUMPUR, July 6 — The ringgit ended lower against the US dollar on Thursday after the greenback strengthened following the latest minutes from the Federal Reserve's (Fed) meeting indicating a possible interest rate hike in the United States (US).
KUALA LUMPUR, July 5 — The ringgit trimmed earlier gains to end almost flat against the US dollar on Wednesday amid cautious sentiment ahead of Bank Negara Malaysia's (BNM) decision on the overnight policy rate (OPR), due on Thursday (July 6).
KUALA LUMPUR, July 3 — The ringgit continues its upward momentum to open marginally higher against the US dollar on Monday as the local note seemed to have been stabilised by the Bank Negara Malaysia’s (BNM) intervention, said an analyst.
KUALA LUMPUR, June 30 – The ringgit opened lower this morning against the US dollar as the greenback strengthened on the back of strong US economic data, increasing the likelihood that US interest rates will stay higher for longer.
KUALA LUMPUR, June 28 — The ringgit ended lower today due to strong US economic data overnight that saw the broader dollar clawing back some gains, said an analyst.
Ringgit extends gains vs US dollar at opening KUALA LUMPUR, June 28 — The ringgit extended its gains to open higher this morning, amidst positive developments in the Asian foreign exchange (forex) market. Risk appetites improved after Malaysia and China’s central banks moved to stop the slide...
KUALA LUMPUR, June 27 — The ringgit ended higher against the US dollar for the second straight day as risk appetite improved after both the central banks of Malaysia and China moved to stop the slide in their respective currencies.
By Sharifah Pirdaus Syed Ali KUALA LUMPUR, June 27 — The ringgit continued its positive movement to open marginally higher against the US dollar today on the back of a slight retracement of the greenback against major currencies. However, the US dollar continues to appeal as a safe-haven...
KUALA LUMPUR, June 26 — The ringgit opened marginally better against the US dollar today despite the further strengthening of the greenback’s appeal as a safe haven currency following the chaos in Russia over the weekend, dealers said.
KUALA LUMPUR, June 21 — The ringgit ended lower against the US dollar for the third consecutive day today as global uncertainties continue to weigh on the local currency's performance, particularly in light of the US Federal Reserve (Fed) chairman Jerome Powell's expected hawkish bias in his congressional testimony later today and fading optimism about China's economy.
KUALA LUMPUR, June 17 — The ringgit is likely to stay at the current level against the US dollar, at 4.60 to 4.61, as monetary policy action will continue to take centre stage with a series of US Federal Reserve (Fed) officials sharing their thoughts with the public.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.