KUALA LUMPUR, March 26 — The ringgit opened slightly higher against the US dollar this morning as investors viewed Malaysia’s political and policy stability favourably among emerging markets, boosting the currency’s appeal amid mixed global sentiment.
KUALA LUMPUR, Feb 9 — The ringgit ended the week higher against the US dollar today despite the greenback’s resiliency which stayed strong amid fading hopes of an early US rate cut and strong United States (US) economic data, dealers said.
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 —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, April 8 — The ringgit extended its downtrend against the US dollar to open lower today as the greenback strengthened amidst positive US economic data, an analyst said.
KUALA LUMPUR, April 17 — The ringgit is expected to trade at current levels next week, amid mixed market sentiments, mostly influenced by external developments and worries on escalating Covid-19 cases, said an analyst.
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