Ringgit Retreats After Three Days Of Gains
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.
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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit extended its recent positive momentum to trade slightly higher against the US dollar in the early session on Friday.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 21 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, pressured by expectations of weaker domestic demand, according to market sources.
KUALA LUMPUR, Nov 21 (Bernama) -- BMI, a Fitch Solutions company, has forecast an annual average palm oil price of RM3,900 per tonne in 2025, down from an estimated RM4,050 per tonne in 2024.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit rose against the US dollar for the third consecutive day despite heightened concern over geopolitical development in Ukraine, said an analyst.
SHAH ALAM, Nov 21 (Bernama) -- Selangor recorded a total trade value of RM639.2 billion, accounting for 29.9 per cent of the country’s total trade, from January to September 2024.
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit continued to be well supported and sustained its upward momentum, gaining 0.12 per cent against the US dollar at the close on Wednesday on continued demand, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia will prioritise enhancing trade facilitation among ASEAN countries and strengthening the connectivity of ASEAN capital markets, recognising the strategic importance of its capital market as the country prepares to chair ASEAN in 2025, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid cautious sentiments due to the current global economic development, said an analyst.
KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit appreciated against the US dollar on Tuesday rebounding from yesterday’s loss, following weaker demand for the greenback, said an analyst.