KUALA LUMPUR, June 16 — The ringgit was higher against the US dollar at the close today following the US Federal Reserve’s (Fed) unaggressive stance on interest rate hikes, as well as the prospect of fiscal spending in China to stimulate consumer spending, said an analyst.

KUALA LUMPUR, June 12 — The ringgit extended its weak momentum towards the end of today’s trading to close lower against the US dollar.

KUALA LUMPUR, June 6 — The ringgit opened lower against the US dollar in the early session today as investors remain cautious on the global outlook despite a slightly weaker greenback, an analyst said.

KUALA LUMPUR, June 3 — The ringgit is expected to trade in cautious mode with an upward bias against the US dollar next week ahead of a decision by the United States Federal Reserve (Fed) on its monetary policy.

KUALA LUMPUR, May 27 — The ringgit is projected to trade in a narrow range next week as the US debt ceiling deadline looms on June 1.

KUALA LUMPUR, May 24 — The ringgit depreciated further against the US dollar and other currencies due to looming concerns over the global financial sector’s health as well as potential global recession, US debt ceiling risks, an impending decline in energy demand in the West, and a deflationary stagnation in China.

KUALA LUMPUR, May 20 — The ringgit is expected to trade in a tight range with a downward bias against the US dollar next week as investors remain cautious in view of the global economic uncertainty, an analyst said.

KUALA LUMPUR, May 10 — The ringgit extended its loss to end lower today for the third consecutive day against the greenback amid cautious trading ahead of US inflation data later tonight, an analyst said.

KUALA LUMPUR, April 26 — The ringgit slipped further against the US dollar today in tandem with other Asian currencies as the greenback stayed firm after spiking higher overnight, on the prospect of higher United States (US) interest rates, despite slowing economic growth, a dealer said.

KUALA LUMPUR, April 25 — The ringgit trimmed its earlier gains to end lower against the US dollar today, amid continued expectations over rising United States (US) interest rates.

KUALA LUMPUR, April 17 — The ringgit extended last Friday's weak sentiment and closed lower on Monday as uncertainty surrounding the US currency faded, supporting the US dollar and leading to market expectations of another round of interest rate hikes in the United States.

KUALA LUMPUR, April 15 — The ringgit is expected to trade with upside bias against the US dollar next week, moving in the range of 4.3750 to 4.4000, an analyst said.

KUALA LUMPUR, April 14 — The ringgit ended easier against the US dollar today despite a weaker greenback which continued to slide on heightened expectations of a pause to the United States (US) Federal Reserve’s (Fed) rate-hike cycle amid signs of cooling inflation, analysts said.

KUALA LUMPUR, April 13 — The ringgit made additional gains against the US dollar at close today as the greenback weakened after the release of the United States (US) Consumer Price Index (CPI) data and the Federal Open Market Committee (FOMC) meeting minutes, analysts said.

KUALA LUMPUR, April 12 — The ringgit snapped a three-day losing streak to end higher against the US dollar today as the greenback retreated ahead of the release of the United States (US) Consumer Price Index (CPI) data later today, analysts said.

KUALA LUMPUR, April 11 — The ringgit ended lower against the American dollar today, continuing its downtrend as the greenback stayed firm ahead of the release of US inflation data tomorrow which may strengthen the case for a Federal Reserve (Fed) rate hike in May, analysts said.

KUALA LUMPUR, April 3 — The ringgit closed lower against the US dollar today despite firmer crude oil prices.

KUALA LUMPUR, April 1 — The ringgit is likely to trade on a bullish bias next week, below the RM4.40 level within the 4.3925 - 4.4175 range against the US dollar, said an analyst.

KUALA LUMPUR, March 24 — MIDF Research has slightly raised its headline inflation projection by 0.2 points to 2.5 per cent for 2023, following a higher food price growth forecast of 4.5 per cent from 4.0 per cent previously.

KUALA LUMPUR, March 17 — The ringgit rebounded from yesterday's losses to end higher against the US dollar on Friday, driven by improving sentiment after concerns over a global banking crisis eased, said an analyst.