KUALA LUMPUR, May 17 — The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, May 16 — The ringgit closed lower against the United States (US) dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the US.
KUALA LUMPUR, May 13 — The ringgit closed lower against the United States (US) dollar today as investors scaled back their expectations for the United States Federal Reserve (US Fed) to cut interest rates.
KUALA LUMPUR, May 10 — The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.
KUALA LUMPUR, May 8 — Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) at 3.0 per cent is a cautious approach as the government faces many ongoing global developments and uncertainties, said an economist.
KUALA LUMPUR, May 8 — The ringgit opened stronger against the US dollar today, supported by renewed buying interest after the United States’ Federal Reserve left interest rates unchanged overnight, with analysts anticipating potential rate cuts later this year, said an economist.
KUALA LUMPUR, May 7 — The ringgit ended slightly lower against the US dollar on Wednesday, close ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision tomorrow.
LONDON, May 6 — Oil gained more than US$1.50 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by OPEC+ to boost output sent prices down in the previous session, although concerns about a market surplus persisted.
KUALA LUMPUR, May 6 — The ringgit closed lower against the US dollar today as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting.
KUALA LUMPUR, May 3 — The ringgit is likely to trade cautiously next week as investors focus on monetary policy decisions both domestically and in the United States (US).
KUALA LUMPUR, April 26 — The ringgit is expected to hover within a tight range of RM4.37 to RM4.38 next week, as markets focus on a series of key United States (US) data releases, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, April 19 — The ringgit is expected to trade flat next week, potentially trading at around RM4.41 to RM4.42, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, April 17 — The ringgit opened higher against the US dollar on Thursday, but trading remained range-bound as traders continued to monitor uncertainties surrounding US tariff policies.
WASHINGTON, April 5 — United States Federal Reserve (US) chairman Jerome Powell said on Friday that "the tariff increases will be significantly larger than expected." He made the remarks in a speech to the Society for Advancing Business Editing and Writing annual conference in Arlington,...
KUALA LUMPUR, April 5 — The ringgit is projected to trade between 4.41 and 4.42 against the United States (US) dollar next week.
KUALA LUMPUR, April 4 — The ringgit ended the week on a firmer footing against the United States (US) dollar amidst uncertainties over the reciprocal tariff imposed by the US administration.
KUALA LUMPUR, April 3 — The ringgit, which faced pressure against the United States (US) dollar following US President Donald Trump’s announcements on global reciprocal tariffs, closed relatively stable today.
KUALA LUMPUR, April 2 — The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd.
KUALA LUMPUR, March 29 — The ringgit is likely to continue remaining in a narrow range within a similar trajectory of RM4.42 to RM4.43 against the United States (US) dollar next week due to the shortened trading week following the Hari Raya Aidilfitri public holiday, which is expected to be celebrated on Monday, March 31.
KUALA LUMPUR, March 20 — The ringgit opened higher against the United States (US) dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.