KUALA LUMPUR, Dec 2 — The ringgit resumed its upward momentum today versus the US dollar, closing the first trading week of December at 4.38, a level not seen since June this year, a dealer said.

KUALA LUMPUR, Dec 1 — External forces have continued to propel the ringgit to close higher against the US dollar on the first trading day for December, said a dealer.

KUALA LUMPUR, Dec 1 — The ringgit opened higher against the US dollar today after the greenback retreated following the United States (US) central bank’s less hawkish tone on interest rate hikes, an analyst said.

KUALA LUMPUR, Nov 30 — The ringgit ended higher against the US dollar today on renewed buying interest, reflecting a favourable China reopening narrative, said a dealer.

KUALA LUMPUR, Nov 30 — The ringgit opened marginally higher against the US dollar on Wednesday as the greenback retreated amid growing inflationary pressure, an analyst said.

KUALA LUMPUR, Nov 29 — The ringgit retreated from last week’s gains to close lower against the US dollar today due to profit-taking, a dealer said.

KUALA LUMPUR, Nov 29 — The ringgit retreated from its gains last week to open lower against the US dollar on Tuesday, weighed by a strengthening greenback and declining crude oil prices, an analyst said.

KUALA LUMPUR, Nov 26 — The ringgit is likely to revisit the 4.46 level next week, last seen in August as market mood continues to be lifted by renewed interest rate hopes and optimism about the new government.

KUALA LUMPUR, Nov 25 — The ringgit held steady and climbed to an over two-month high against the greenback on continued optimism that the US will slow down interest rate hikes going forward amid a smooth government transition in Malaysia.

KUALA LUMPUR, Nov 24 — The ringgit climbed 1.8 per cent to its highest in over two months versus the US dollar on Thursday with the appointment of Datuk Seri Anwar Ibrahim as Malaysia’s 10th Prime Minister, thus easing the political uncertainty and the weak US dollar following the Federal Open Market Committee’s (FOMC) minutes.

KUALA LUMPUR, Nov 24 — The ringgit has extended its positive run against the US dollar today, improving further to the 4.55 level on expectations of softer United States (US) inflation and less aggressive US Federal Reserve’s rate hikes, said an analyst.

KUALA LUMPUR, Nov 23 — The ringgit concluded Wednesday's trading session slightly stronger against the US dollar due to favourable external factors, said a dealer.

KUALA LUMPUR, Nov 23 — The ringgit opened marginally higher against the US dollar today, ahead of the United States Federal Open Market Committee (FOMC) minutes to be released later in the day, said an analyst.

KUALA LUMPUR, Nov 22 — The ringgit gained slightly after a Federal Reserve (Fed) committee member was open to the view of slowing the pace of rate hikes, thus causing the US dollar to lose a little of its strength.

KUALA LUMPUR, Nov 22 — The ringgit opened marginally higher against the US dollar on renewed buying interest despite China’s further Covid-19 restrictions as well as uncertainty on the hung Parliament and government formation in Malaysia, said an analyst.

KUALA LUMPUR, Nov 21 — The ringgit stayed in the red territory against the US dollar for the whole day as uncertainty due to the hung Parliament and China’s soaring new Covid-19 cases kept investors demotivated in today's session.

KUALA LUMPUR, Nov 21 — The ringgit slipped further against the US dollar this morning, extending last week’s downtrend, as the first-ever hung parliament outcome in Malaysia from the 15th General Election (GE15) held last Saturday shook investor confidence, an analyst said.

KUALA LUMPUR, Nov 19 — The ringgit is expected to strengthen further against the US dollar next week, depending on the 15th general election (GE15) results which will be announced on Saturday.

KUALA LUMPUR, Nov 17 — The ringgit retreated against the US dollar on Thursday on profit-taking ahead of the 15th general election (GE15) this Saturday, with global uncertainties further weighing on sentiment, a dealer said.

KUALA LUMPUR, Nov 17 — Malaysia’s new administration faces a mammoth task of strengthening recovery, maintaining economic momentum and stabilising the political environment amid external headwinds which include potential global recessionary in 2023 as predicted by market observers.