KUALA LUMPUR, May 2 — The ringgit rebounded from yesterday’s losses to close higher against the US dollar on Thursday amid positive performance by regional currencies.

KUALA LUMPUR, April 30 — The ringgit closed marginally lower against the US dollar on Tuesday as the greenback stayed firm ahead of the US Federal Reserve (US Fed) meeting today and tomorrow.

KUALA LUMPUR, April 29 — The ringgit ended flat against the US dollar on Monday as investors took the ‘wait-and-see’ approach ahead of the latest economic assessment by the United States' (US) Federal Open Market Committee (FOMC) during its meeting on April 30 and May 1.

KUALA LUMPUR, March 19 — The ringgit continued its downtrend today to end lower against the greenback for the third consecutive day ahead of a decision on US interest rates tomorrow, as Japan made its first rate hike in 17 years.

KUALA LUMPUR, March 16 — The ringgit is expected to trade between 4.69 and 4.70 next week as markets focus on the United States (US) Federal Open Market Committee (FOMC) meeting from March 19 to March 20.

KUALA LUMPUR, March 15 — The ringgit ended the week easier against the greenback, alongside regional currencies, as the United States (US) producer price index (PPI) data came in higher than expected, pushing back expectations of an interest rate cut in the United States in June.

KUALA LUMPUR, March 14 — The ringgit closed marginally higher against the US dollar today, supported by positive sentiment of a potential interest rate increase by the Bank of Japan in the near term.

KUALA LUMPUR, March 13 — The ringgit seemed to be experiencing a technical correction today, closing lower versus the US dollar after appreciating steeply in the past few days.

KUALA LUMPUR, Feb 23 — RHB Investment Bank (RHB IB) said Malaysia's leading gross domestic product (GDP) index has shown evidence of a marked recovery for the first quarter (1Q) of 2024.

KUALA LUMPUR, Feb 21 — The ringgit ended slightly higher against the US dollar on Wednesday, although the greenback had strengthened as investors focused on the upcoming release of the US Federal Open Market Committee’s (FOMC) meeting minutes, an economist said.

KUALA LUMPUR, Feb 19 — The ringgit ended lower against the US dollar on Monday on lack of buying demand, amid cautious trading ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes this week, said an economist.

PUTRAJAYA, Feb 19 — Finance Minister II Datuk Seri Amir Hamzah Azizan expects the ringgit to strengthen against the US dollar this year as the US Federal Open Market Committee (FOMC) has signalled the end of interest rate hikes after raising the benchmark interest rates 11 times since March 2022 to the current rate of 5.25-5.50 per cent.

KUALA LUMPUR, Jan 31 — The ringgit reversed its gains yesterday to end lower against the US dollar today as the US dollar index (DXY) inched higher ahead of the United States (US) interest rate decision later tonight, an economist said.

KUALA LUMPUR, Jan 30 — The ringgit rebounded to end higher against the US dollar today as investors shifted their focus away from the greenback ahead of the United States (US) interest rate decision tomorrow, said an economist.

KUALA LUMPUR, Jan 29 — The ringgit ended easier against the US dollar amid cautious trading ahead of the United States’ (US) interest rate decision this week, an economist said.

KUALA LUMPUR, Jan 4 — The ringgit ended almost flat against the greenback on Thursday as the United States (US) Federal Open Market Committee (FOMC) meeting minutes provided little clue about when a rate cut will happen.

KUALA LUMPUR, Dec 30 — The ringgit is likely to continue its uptrend against the US dollar next week, trading between the 4.57 and 4.58 level for the first week of 2024 on US interest rate cut expectations as early as March 2024, said an analyst.

KUALA LUMPUR, Nov 15 — The ringgit closed higher against the US dollar today as the greenback retreated after lower-than-expected United States (US) Consumer Price Index (CPI) data reinforced expectations the US Federal Reserve (US Fed) is done hiking interest rates.

KUALA LUMPUR, Nov 10 — The ringgit extended its downtrend to close lower today against the greenback for the fourth consecutive day following US Federal Reserve (US Fed) chairman Jerome Powell’s hawkish tone in his statement on US monetary policy yesterday.

KUALA LUMPUR, Sept 20 — The ringgit ended higher against the US dollar today ahead of the US Federal Open Market Committee (FOMC) interest rate decision due later tonight.