KUALA LUMPUR, March 9 — The ringgit opened marginally higher against the US dollar today, recovering from its sharp fall yesterday after the US dollar surged due to the likelihood of the United States (US) Federal Reserve (Fed) raising the interest rate.

KUALA LUMPUR, March 6 — The ringgit closed marginally higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to softer US Treasury yields, said an analyst.

KUALA LUMPUR, March 3 — The ringgit closed lower against the US dollar as local market sentiment remained weak due to the United States Federal Reserve’s (Fed) hawkish stance.

KUALA LUMPUR, March 3 — The ringgit opened lower against the US dollar on Friday on better demand for the greenback due to a more hawkish stand by the United States Federal Reserve (Fed), said an analyst.

KUALA LUMPUR, March 2 — The ringgit settled little changed against the US dollar today due to a lack of interest in the local unit.

KUALA LUMPUR, March 1 — The ringgit rebounded after three consecutive trading days of losses to close higher against the US dollar today as strong China manufacturing data spurred risk-on sentiment.

KUALA LUMPUR, Feb 28 — The ringgit rebounded to open higher against the US dollar on Tuesday after US durable goods data for January came in below expectations, a dealer said.

KUALA LUMPUR, Feb 27 — The ringgit continued its downtrend this week to close lower today, as market sentiment remained weak amid no fresh leads.

KUALA LUMPUR, Feb 27 — The ringgit opened lower against the US dollar on better demand for the greenback driven by strong US yields, analysts said.

KUALA LUMPUR, Feb 25 — The ringgit is expected to trade between 4.4275 and 4.4575 against the US dollar next week, a wider range than normal due to the uptick in market volatility.

KUALA LUMPUR, Feb 24 — The ringgit ended the week easier against the US dollar on a lack of buying momentum, in line with the weaker sentiment of other Asian currencies, analysts said.

KUALA LUMPUR, Feb 24 — The ringgit opened flat against the US dollar this morning as investors are focusing on Malaysia’s Budget 2023 tabling today, as well as the United States (US) Personal Consumption Expenditures (PCE) Price Index data to be released tonight, said an analyst.

KUALA LUMPUR, Feb 23 — The ringgit snapped a two-day losing streak to end higher against the US dollar on Thursday, on better local market sentiment amid higher global crude oil prices, analysts said.

KUALA LUMPUR, Feb 23 — The ringgit has improved against the US dollar this morning, ahead of the release of the United States (US) Federal Open Market Committee meeting minutes data.

KUALA LUMPUR, Feb 22 — The ringgit slipped further against the greenback at the close today, in line with other Asian currencies, after US Treasury yields rose due to stronger purchasing managers' index data in the United States, said SPI Asset Management managing director Stephen Innes.

KUALA LUMPUR, Feb 22 — The ringgit has continued to depreciate against the US dollar for the second consecutive day amidst persistent buying support for the safe-haven greenback, an analyst said.

KUALA LUMPUR, Feb 21 — The ringgit retreated from yesterday’s gains to close lower with market sentiment remaining weak on lingering concerns over the US Federal Reserve’s (Fed) decision on interest rates, analysts said.

KUALA LUMPUR, Feb 21 — The ringgit opened lower against the US dollar today amidst quiet trading as the United States (US) markets were closed for Washington's Birthday holiday on Monday, a dealer said.

KUALA LUMPUR, Feb 20 — The ringgit continued its uptrend from earlier today to end higher against the US dollar, supported by the positive performance of commodity prices, analysts said.

KUALA LUMPUR, Feb 20 — The ringgit recovered to open higher against the US dollar today on renewed buying interest ahead of the scheduled release of minutes from the US Federal Open Market Committee meeting and personal consumption expenditures (PCE) reading this week, said an analyst.