KUALA LUMPUR, Nov 2 — The ringgit closed higher against the greenback on Thursday, rebounding after two days of decline, as Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) at three per cent.

KUALA LUMPUR, Oct 20 — An economist said the ringgit reversed its downtrend to end the week marginally higher against the US dollar, driven by positive macroeconomic data supporting the local currency.

KUALA LUMPUR, Oct 19 — An economist said the ringgit continued to trend lower against the US dollar for the fifth consecutive day on Thursday, as higher United States (US) Treasury yield weighed on the sentiment towards local currency.

KUALA LUMPUR, Oct 19 — The ringgit continued to weaken against the US dollar as the 10-year United States Treasury yield rose to 4.91 per cent — the highest since 2007, suggesting that inflation premium is on the rise, said an analyst.

KUALA LUMPUR, Oct 18 — An economist said the ringgit extended its downtrend to end lower against the US dollar today as investors remained cautious amid rising tension in the Gaza Strip.

KUALA LUMPUR, Oct 18 —The ringgit opened lower against the greenback as the latest set of strong US economic data strengthened the higher-for-longer scenario for American interest rates, spurring a jump in US bond yields, analysts said.

KUALA LUMPUR, Oct 17 — An economist said the ringgit ended almost flat against the US dollar today as investors continued to favour the greenback amid geopolitical woes in the Middle East.

KUALA LUMPUR, Oct 14 — The ringgit is expected to remain easier next week, trading in the RM4.72 - RM4.74 range against the US dollar.

KUALA LUMPUR, Oct 13 — The ringgit concluded the final session for the week on a weaker note against the US dollar, as the greenback strengthened against other currencies over the past 24 hours.

KUALA LUMPUR, Oct 11 — The ringgit rose against the US dollar at the close amid indications from the US Federal Reserve (US Fed) that there would be no interest rate hikes for the year.

KUALA LUMPUR, Oct 10 — The ringgit experienced a slight increase in value against the US dollar when trading ended today, with most traders eagerly anticipating goodies from Budget 2024 which will be tabled on Friday (October 13).

KUALA LUMPUR, Oct 10 — Initiatives outlined under the National Energy Transition Roadmap (NETR) are seen to be achievable as action plans are rolled out to support the country's commitment towards net carbon zero emissions by 2050.

KUALA LUMPUR, Oct 3 — The ringgit continued to trade on the back foot today, opening lower against the US dollar following better-than-expected United States' (US) ISM Manufacturing Index data.

KUALA LUMPUR, Oct 2 — The ringgit opened lower against the US dollar on the first trading day for the month as the latter extended its strong performance and remained firm, said an analyst.

KUALA LUMPUR, Sept 29 — The ringgit ended the week higher against the US dollar on improving domestic demand following the recent selloff, said an analyst.

KUALA LUMPUR, Sept 27 — The ringgit continued its downtrend to push past 4.70 against the greenback today amid concerns over the higher-for-longer US interest rate outlook, said an analyst.

KUALA LUMPUR, Sept 26 — The ringgit closed easier against the US dollar on better demand for the greenback as the US 10-year bond yields made new highs, said an analyst.

KUALA LUMPUR, Sept 25 — The ringgit closed higher against the US dollar and other major currencies today, supported by rising oil prices, an economist said.

KUALA LUMPUR, Sept 23 — The ringgit is expected to trade range-bound with a downward bias against the US dollar next week, as the greenback continues to gain support from the US Federal Reserve's (US Fed) hawkish stance on the United States (US) interest rate, an analyst said.

KUALA LUMPUR, Sept 22 — The ringgit ended slightly higher against the US dollar today on mild demand, tracking the positive sentiment on the equity market despite the firmer greenback, analysts said.