KUALA LUMPUR, Nov 17 — The ringgit eased further against the US dollar this morning, continuing yesterday's retracement as the greenback regained ground on expectation of more Federal Reserve (Fed) interest rate hikes, an analyst said.
KUALA LUMPUR, Nov 16 — The ringgit was little changed against the US dollar at the close today due to the absence of fresh market catalysts.
KUALA LUMPUR, Nov 15 — The ringgit opened marginally higher against the US dollar today with China's reopening theme still resonating in Malaysia's capital markets and triggering some catch-up in other Asia foreign exchange (FX), analysts said.
KUALA LUMPUR, Nov 14 — The ringgit closed higher against the US dollar today following signs that Chinese officials are preparing to unwind the nation’s zero-Covid-19 policy.
KUALA LUMPUR, Nov 14 — The ringgit opened higher against the US dollar today as the greenback continued its easing on the expectation that the US Federal Reserve (Fed) will be less hawkish on its monetary policy after softer inflation data there, analysts said.
KUALA LUMPUR, Nov 11 — The ringgit finished the week with a rally, surging 1.59 per cent against the greenback as a softer US inflation reading and relaxation of China's Covid-19 curbs bolstered the local currency.
KUALA LUMPUR, Nov 11 — The ringgit opened higher versus the US dollar today on softer demand for the greenback following news that the US Federal Reserve (Fed) is shifting to a slower pace of tightening its interest rates cycle, analysts said.
KUALA LUMPUR, Nov 10 — The ringgit gained 0.96 per cent against the US dollar today on expectations of the dollar liquidation and that the US dollar index has topped for the year, a dealer said.
KUALA LUMPUR, Nov 9 — The ringgit opened higher versus the US dollar today as demand for the greenback weakened in thin trading, analysts said.
KUALA LUMPUR, Nov 8 — The ringgit finished today's trading slightly higher against the US dollar amid a mixed performance in the Asian foreign exchange market.
KUALA LUMPUR, Nov 8 — The ringgit opened higher versus the US dollar today supported by positive sentiment on the possibility of reopening of China's borders and rally of equities, said an analyst.
KUALA LUMPUR, Nov 7 — The ringgit ended Monday's trading session higher against the US dollar amid positive sentiment in global equity markets.
KUALA LUMPUR, Nov 5 — The ringgit is expected to come under pressure and weaken against the US dollar next week mainly driven by external headwinds and domestic factors, said analysts.
KUALA LUMPUR, Nov 4 — The ringgit ended lower against the US dollar on Friday due to a lack of market catalysts, exacerbated by global market uncertainties, dealers said.
KUALA LUMPUR, Nov 3 — The ringgit ended at a fresh all-time low against the US dollar on Thursday due to weak sentiment amid the strengthening greenback, analysts said.
KUALA LUMPUR, Nov 1 — The ringgit extended yesterday’s losses to close lower against the US dollar on Tuesday on better demand for the greenback and on the concern of an impending interest rate hike by the US Federal Reserve (Fed), dealers said At 6pm, the ringgit depreciated to 4.7345/7375...
KUALA LUMPUR, Oct 29 — The ringgit is expected to trade cautiously against the US dollar next week as traders look towards the US Federal Reserve’s (Fed) decision on a possible interest rate hike on November 2.
KUALA LUMPUR, Oct 28 — The ringgit ended lower against the US dollar on Friday, extending its losing streak ahead of the US Federal Reserve’s (Fed) decision next week on interest rates, said a dealer.
KUALA LUMPUR, Oct 22 — The ringgit is expected to decline further against the US dollar next week, possibly in the 4.75 range, analysts said.
KUALA LUMPUR, Oct 21 — The ringgit further weakened against the US dollar today, closing the week at a new all-time low of 4.738 due to the absence of fresh market catalysts, analysts said.
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