KUALA LUMPUR, March 6 — The ringgit closed higher against the United States (US) dollar for the third consecutive day as the greenback’s safe-haven status weakened due to a mix of slowing US economic data, tariff uncertainty, and unpredictable policymaking, prompting traders to look elsewhere.
KUALA LUMPUR, March 4 — The ringgit closed slightly higher against the United States (US) dollar on Tuesday as broader macro forces kept a floor under the domestic currency, despite the US tariff barrage rattling global markets.
KUALA LUMPUR, March 3 — The ringgit closed lower against the United States (US) dollar on Monday as the forex market tiptoes into the week on high alert, stuck in a “wait and see” mode, as traders hedge their bets ahead of Donald Trump’s tariff D-Day tomorrow.
KUALA LUMPUR, Feb 24 — The ringgit extended its gains to close stronger against the United States (US) dollar on Monday, supported by easing US-China trade tension and weaker US economic data that initially pressured the dollar.
KUALA LUMPUR, Jan 27 — The ringgit closed marginally lower today, pressured by a stronger greenback amid heightened tariff rhetoric from United States (US) President Donald Trump, which lifted the US dollar’s strength in broader markets.
KUALA LUMPUR, Jan 22 — Bank Negara Malaysia’s (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3 per cent today was meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists.
KUALA LUMPUR, Jan 17 — The ringgit opened higher for the fourth consecutive day against the US dollar as investors reassessed their positions following the release of weaker US economic data, said an analyst.
KUALA LUMPUR, Jan 15 — The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation.
KUALA LUMPUR, Jan 6 — The ringgit opened higher against the US dollar and other major currencies amid cautious sentiment ahead of the People's Bank of China (PBoC) fixing today, an analyst said.
KUALA LUMPUR, Jan 3 — The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.
KUALA LUMPUR, Jan 3 — The ringgit weakened against the US dollar at today's opening, continuing its downtrend due to higher demand pressure for the greenback.
KUALA LUMPUR, Dec 28 — The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.
KUALA LUMPUR, Dec 27 — The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.
KUALA LUMPUR, Dec 23 — The ringgit staged a strong rebound to end higher against the greenback on Monday as rising commodity prices and a softer United States (US) inflation reading helped the local currency snap a recent run of losses against the American dollar.
KUALA LUMPUR, Dec 22 — In less than two weeks, Malaysia will take on the Asean chairmanship in January 2025, marking a pivotal moment for the country.
KUALA LUMPUR, Dec 16 — The ringgit ended marginally lower against the US dollar on Monday, extending its loss for a sixth consecutive session on cautious market sentiment ahead of the US Federal Open Market Committee (FOMC) meeting scheduled for December 17-18.
KUALA LUMPUR, Dec 6 — The ringgit advanced against the US dollar in early trade on Friday ahead of the US non-farm payrolls (NFP) data that will be released later today, said an analyst.
KUALA LUMPUR, Dec 5 — The ringgit strengthened against the US dollar in early trade today on the back of improved buying sentiment towards the domestic currency, said an analyst.
KUALA LUMPUR, Dec 4 — The ringgit remained lower against the US dollar in early trade today as investors remained cautious about global market developments, an analyst said.
KUALA LUMPUR, Dec 2 — The ringgit closed marginally lower against the greenback in the first trading day of December as investors shifted interest towards safe haven currencies, including the United States (US) dollar.
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