Ringgit Closes Nearly Flat Versus Greenback Amid Ongoing West Asia Conflict
KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia.
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KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia.
KUALA LUMPUR, April 7 (Bernama) -- The ringgit opened little changed against the US dollar but strengthened against major currencies on Tuesday, as market sentiment remained cautious ahead of US President Donald Trump’s deadline on the reopening of the Strait of Hormuz.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 6 (Bernama) -- The ringgit closed marginally higher against the US dollar today as optimism over a potential West Asia ceasefire improved risk appetite.
KUALA LUMPUR, April 6 (Bernama) -- The ringgit opened firmer against the US dollar and other major currencies on Monday, supported by a softer greenback amid lingering geopolitical tensions in West Asia.
By Harizah Hanim Mohamed
KUALA LUMPUR, April 4 (Bernama) -- The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.
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.
KUALA LUMPUR, April 3 (Bernama) -- Refiners are expected to reduce operating runs as decisions are driven by hedgable economics rather than directional market views, said independent research and energy intelligence company Rystad Energy.
By Zufazlin Baharuddin
KUALA LUMPUR, April 3 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Friday, as markets positioned for a softer US non-farm payrolls (NFP) reading, weighing on the greenback and lending support to regional currencies.
KUALA LUMPUR, April 2 (Bernama) -- The ringgit closed easier against the US dollar today after gaining ground yesterday, with market sentiment remaining cautious amid President Trump’s unpredictable stance on the US-Iran conflict, leading to constant changes in risk appetite among traders and investors.
By Zufazlin Baharuddin
KUALA LUMPUR, April 2 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Thursday, supported by optimism that geopolitical tensions may be easing, although the broader market tone remains guarded.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 1 (Bernama) -- The ringgit extended earlier gains to end higher against the US dollar on Wednesday driven by renewed optimism among market traders following signs of possible de-escalation in the United States-Iran war.
KUALA LUMPUR, April 1 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as global sentiment improved on hopes that the US may be leaving Iran in a matter of weeks.