Ringgit Closes Higher Against US Dollar, Regional Peers
By Abdul Hamid A Rahman
KUALA LUMPUR, May 21 (Bernama) -- The ringgit closed higher against the US dollar today, supported by Malaysia’s favourable domestic fundamentals.
| LATEST NEWS | GSF 2.0: Malaysian activists expected to depart for home on Saturday, arrive at KLIA on Sunday (May 24) - SNCC DG | GSF 2.0: All 428 flotilla activists, including 29 Malaysians, released and expected to arrive in Turkiye at 10 pm today - SNCC DG | Genting’s 1Q net profit soared to RM101.1 mln vs RM4.6 mln a year ago | At 6 pm, the ringgit appreciated to 3.9595/9630 versus the greenback from 3.9675/9715 at Wednesday’s close. | TM's 1Q FY2026 net profit declines to RM321.51 million from RM401.25 million a year ago | |
By Abdul Hamid A Rahman
KUALA LUMPUR, May 21 (Bernama) -- The ringgit closed higher against the US dollar today, supported by Malaysia’s favourable domestic fundamentals.
By K. Naveen Prabu
KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, supported by easing geopolitical tensions in West Asia.
By Harizah Hanim Mohamed
KUALA LUMPUR, May 20 (Bernama) -- The ringgit firmed against the US dollar as market sentiment improved on the back of Malaysia’s trade performance, which rose 28.6 per cent year-on-year (y-o-y) to a record RM336.73 billion in April 2026.
KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.
KUALA LUMPUR, May 20 (Bernama) -- The ringgit opened mixed against regional peers and was mostly firmer against major currencies today, amid cautious market sentiment following stronger-than-expected United States jobs data.
KUALA LUMPUR, May 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on expectations of weaker production in the coming weeks, said Iceberg X Sdn Bhd proprietary trader David Ng.
KUALA LUMPUR, May 19 (Bernama) -- The ringgit ended mostly higher against major currencies but eased against the US dollar on Tuesday as market participants await further developments in West Asia negotiations between the United States (US) and Iran.
KUALA LUMPUR, May 19 (Bernama) -- The ringgit opened slightly higher against the US dollar on Tuesday as market sentiment continued to focus on developments in West Asia.
KUALA LUMPUR, May 18 (Bernama) -- The ringgit closed lower against the US dollar on Monday, as cautious sentiment prevailed in the foreign exchange market.
By K. Naveen Prabu
KUALA LUMPUR, May 18 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday although cautious sentiment persisted amid escalating geopolitical tensions in West Asia.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed mostly higher against major currencies after Bank Negara Malaysia announced that Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), exceeding the advance estimate of 5.3 per cent, driven by robust domestic demand, investment activities and exports.
KUALA LUMPUR, May 15 (Bernama) -- The ringgit snapped a seven-trading-day rally to ease against the US dollar as traders turned cautious ahead of Malaysia’s first-quarter (1Q) 2026 gross domestic product (GDP) announcement later today.