2m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit extended its uptrend to close higher against the US dollar today, lifted by improved risk appetite and growing optimism over a possible resolution to the United States’ (US) government shutdown.
2m ago
KUALA LUMPUR, Nov 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Friday despite the positive momentum in the US COMEX gold market.
2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.
2m ago
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.
2m ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia, together with regulatory authorities, is working closely to enhance market efficiency, vibrancy, and accessibility for investors — including foreign investors — to reduce the risk of sell-offs and foreign fund outflows from the equity market.
2m ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
2m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.
2m ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the morning session nearly unchanged today, as choppy trading offset support from stronger regional performance.
2m ago
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia slipped at midday, mirroring declines in regional markets as investors continued profit-taking in select heavyweights, led by financial, and consumer products and services counters.
2m ago
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.
2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded to close higher on Tuesday as weaker US economic data and uncertainty over the US Federal Reserve's (Fed) next monetary policy move weighed on the greenback.
3m ago
KUALA LUMPUR, Nov 3 (Bernama) -- MBSB Investment Bank Bhd has revised its base case for the ringgit, expecting it to strengthen further against the US dollar and projecting an average forecast for the year to RM4.25 from RM4.30 previously.