Rubber Market Ends Higher On Ringgit Support, Firmer Oil Prices
KUALA LUMPUR, Dec 29 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, supported by a weaker ringgit against the US dollar and firmer crude oil prices, a dealer said.
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KUALA LUMPUR, Dec 29 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, supported by a weaker ringgit against the US dollar and firmer crude oil prices, a dealer said.
KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia needs to remain open to a broader range of international trade agreements beyond its traditional markets, particularly the United States and China, to support the stability and further strengthening of the ringgit.
KUALA LUMPUR, Dec 29 (Bernama) -- The ringgit continued its upward momentum on Monday, opening higher for the 12th consecutive session ahead of a holiday-shortened trading week leading into the New Year.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit is expected to trade in a narrow range next week, hovering between 4.03 and 4.05 against the US dollar amid a holiday-shortened week.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit ended marginally lower against the US dollar today but was said to maintain its momentum as it attempted to breach the 4.03 level during the morning session.
KUALA LUMPUR, Dec 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, tracking gains in regional rubber futures markets and steady crude oil prices, but a stronger ringgit against the US dollar weighed on sentiment.
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit extended its rally on Friday, opening higher to reach another five-year high against the US dollar amid a holiday-shortened trading week.
KUALA LUMPUR, Dec 25 (Bernama) -- With less than a week remaining before the close of 2025, the ringgit continued its upward momentum, trading around 4.04 against the US dollar, its highest level in nearly five years.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit ended stronger against the US dollar today, touching 4.04, its highest level in nearly five years, after the latest data showed that consumer confidence in the United States remains weak.
KUALA LUMPUR, Dec 24 (Bernama) -- Year-end window dressing continued to support Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), keeping the index above a 15-month high at midday.
KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit climbed to another five-year new high against the US dollar in early Wednesday trade, supported by a weaker greenback as the US dollar index (DXY) weakened.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit climbed to another new high at Tuesday’s closing, touching 4.0615, the strongest level last seen in early March 2021, as expectations of a United States (US) interest rate cut continued to pressure the greenback.