Ringgit Starts Higher On Stable S&P Outlook
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.
| LATEST NEWS | GSF 2.0: A total of 29 Malaysian participants continue voyage from Marmaris Port, Turkiye - SNCC DG | GSF 2.0: Over 40 participants from Malaysia, Indonesia, Pakistan, India, Sri Lanka, the Philippines join final-phase voyage to Gaza - SNCC DG | The RM5 billion microfinancing facility announced today is separate from the RM5 billion Special SME Assistance Facility by BNM as well as the RM5 billion under the SJPP - MoF | The MADANI Government is providing micro-financing facilities totalling over RM5 billion in 2026, expected to benefit over 400,000 micro-entrepreneurs, with loans of up to RM100,000 - MoF | At 6 pm, the ringgit depreciated to 3.9300/9330 against the greenback from 3.9285/9325 at Wednesday’s close. | |
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s benchmark index ended lower on profit-taking, slipping back below the 1,600 psychological level amid weakness in selected banking, utilities and Petronas-linked heavyweights.
KUALA LUMPUR, Sept 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained a 'market perform' call on Bermaz Auto Bhd (BAUTO), citing strong near-term earnings visibility.
KUALA LUMPUR, Sept 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 6 (Bernama) -- Trading of gold futures on Bursa Malaysia Derivatives are expected to remain rangebound next week as traders refrain from aggressively pricing in the United States (US) Federal Reserve (Fed) rate cuts beyond September while awaiting clearer signals from upcoming inflation data.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives retreated on Thursday, initially weighed down by technical traders flagging overbought conditions with the Relative Strength Index (RSI) readings above 70, and then amplified as momentum funds pressed on the downside.
KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 2.75 per cent.
KUALA LUMPUR, Sept 2 (Bernama) -- ICH Asset Management (ICHAM), a regional multi-family office and asset manager, has launched the ICHAM Defined Growth Fund, billed as Asia’s first open-ended fund dedicated to autocall structured products.
KUALA LUMPUR, Aug 19 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects exports to key markets to record sustained growth going forward, supported by steady demand for electrical and electronics (E&E) products despite tariff challenges.
KUALA LUMPUR, Aug 18 (Bernama) -- Research firms have raised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent and 4.3 per cent following its expansion by 4.4 per cent in the second quarter of 2025 (2Q 2025).
KUALA LUMPUR, Aug 15 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia’s 2025 gross domestic product (GDP) growth at 4.2 per cent, with an upside potential of up to 4.4 per cent.
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit closed the week stronger against the US dollar amid the greenback’s continued weakness as the higher-than-expected US Producer Price Index (PPI) for July failed to provide lasting support for the currency.