KUALA LUMPUR, Jan 31 — The ringgit slipped in early trade on Tuesday as the greenback gained strength ahead of the US Federal Reserve (Fed) meeting in the middle of this week on interest rates.

KUALA LUMPUR, Jan 30 — The ringgit ended the trading day flat amid uncertainty ahead of the two-day meeting of the United States Federal Open Market Committee (FOMC) starting tomorrow, said an analyst.

KUALA LUMPUR, Jan 26 — The ringgit further strengthened against the US dollar to close higher today as the greenback retreated amid concerns of a softer interest rate hike, an analyst said.

KUALA LUMPUR, Jan 25 — The ringgit extended its uptrend to end at nearly a nine-month high against the US dollar today on improved buying interest amid encouraging sentiment, an analyst said.

KUALA LUMPUR, Jan 20 — The ringgit finished Friday’s trading session stronger against the US dollar, reflecting Bank Negara Malaysia’s (BNM) pro-growth stance amid investors around the world beginning to seek better returns in riskier assets, giving support for the local currency.

KUALA LUMPUR, Jan 19 — The ringgit closed higher versus the US dollar today, extending yesterday’s gains, after Bank Negara Malaysia (BNM) chose to keep the overnight policy rate (OPR) at 2.75 per cent, putting an end to market speculation about the rate hike cycle.

KUALA LUMPUR, Jan 18 — The ringgit closed higher against the US dollar as foreign exchange traders reacted to the dollar’s peak and kept an eye on China’s economic opening, which will continue to support the ringgit in the event of any weakness.

KUALA LUMPUR, Jan 17 — The ringgit ended lower against the US dollar today amid mild profit-taking in Asian currency markets as investors digested China’s weak economic data, a dealer said.

KUALA LUMPUR, Jan 13 — The ringgit steadied near its strongest level in nearly 10 months against the US dollar after softer US inflation data drove up bets that the Federal Reserve will be less aggressive with its rate hikes soon.

KUALA LUMPUR, Jan 12 — Growing optimism about slower interest rate hikes continued to heed the ringgit to end at a nine-month high on Thursday.

KUALA LUMPUR, Jan 11 — The ringgit ended higher for three days straight ahead of the highly anticipated United States Consumer Price Index (CPI) print release.

KUALA LUMPUR, Jan 10 — The ringgit rose marginally against the US dollar at the close after a muted trading session as optimism was dented by hawkish comments from some US Federal Reserve (Fed) officials on the interest rate outlook.

KUALA LUMPUR, Jan 9 — The ringgit traded broadly higher against the US dollar today at the opening today as weaker US economic data released last Friday triggered a significant decrease in US Treasury yields, said an analyst.

KUALA LUMPUR, Jan 7 — The ringgit is likely to remain within a tight range against the US dollar next week on mixed market sentiments, an analyst said.

KUALA LUMPUR, Jan 5 — The ringgit ended lower against the US dollar today as the greenback strengthened on the back of positive US economic data.

KUALA LUMPUR, Jan 5 — The ringgit extended its upbeat momentum to end higher against the US dollar today amid improving risk appetite as seen on the local equities market as China’s reopening moves full throttle, a dealer said.

KUALA LUMPUR, Jan 4 — The ringgit opened slightly higher against the US dollar on Wednesday despite market uncertainty over the US Federal Reserve’s (Fed) upcoming interest rate decision, dealers said.

KUALA LUMPUR, Dec 31 — The ringgit is likely to continue its uptrend against the US dollar next week, trading between the 4.38 and 4.41 level for the first week of the new year on the back of buying support from locals upon the ringgit’s weakness, said an analyst.

KUALA LUMPUR, Dec 30 — The ringgit strengthened further to end the last trading day of 2022 higher against the US dollar as China’s reopening and expectations for less aggressive US interest rate hikes lifted the local currency, a dealer said.

KUALA LUMPUR, Dec 29 — The ringgit recouped earlier losses to end higher against the US dollar today amid improving risk appetite as seen on the local equities market, a dealer said.