Ringgit Opens Higher, May Extend Gains If OPR Holds At 2.75 Pct
KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended yesterday’s momentum to open higher on Thursday, amid expectations that it could appreciate further today.
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Ringgit Opens Higher Against US Dollar Ahead Of OPR Announcement
KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.
Ringgit Revisits 4.02 Level Against US Dollar On Easing Energy Supply Concerns
KUALA LUMPUR, April 3 (Bernama) -- The ringgit rebounded to the 4.02 level against the US dollar at the close today, as the Iran-Oman energy transit talks eased concerns over supply disruptions.
Ringgit Opens Lower As Oil Surge Boosts US Dollar
KUALA LUMPUR, March 9 (Bernama) -- The ringgit opened lower against the US dollar on Monday as heightened risk aversion strengthened the greenback after Brent crude oil prices surged 15.5 per cent to US$107.04 per barrel, an analyst said.
Malaysia Must Not Fixate On Exchange Rates But Rather On Ringgit’s Long-term Strength -- Economist
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.
Ringgit Opens Firmer Against US Dollar, Major Currencies
KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit opened firmer against the US dollar and other major currencies on Wednesday, supported by a softer greenback following weaker US economic data and improved global risk appetite.
Ringgit Opens Higher Vs US Dollar Amid Geopolitical Tensions
KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit opened higher against the US dollar on Friday as traders turned cautious amid escalating geopolitical tensions, an analyst said.
Ringgit Opens Higher Against US Dollar On Steady Domestic Sentiment
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened higher against the US dollar, despite a firmer greenback, as continued confidence in Malaysia’s economic fundamentals supported the local currency.
Ringgit Opens Little Changed Against US Dollar On Mixed Global Sentiment
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Monday, as mixed global sentiment capped gains while investors assessed political developments and major currency moves.
Ringgit Ends Flat Against US Dollar
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit traded flat against the US dollar at Friday’s close, pressured by profit-taking as traders locked in gains accumulated earlier.
Maybank IB Projects FBM KLCI To Reach 1,730 By End-2026
KUALA LUMPUR, Jan 15 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) projects the FBM KLCI to reach 1,730 by end-2026 under its base-case scenario, while its bull-case scenario sees the benchmark index rising to 1,850.
Ringgit Continues Upward Momentum, Opening Slightly Higher
KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit continues its upward momentum, opening slightly higher against the US dollar on Tuesday, as the greenback weakened ahead of the Federal Open Market Committee (FOMC) meeting minutes today.