Ringgit Opens Steady Vs Greenback Ahead Of Rate Decisions
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.
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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.
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.
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit opened higher against the US dollar and stayed on a firm footing, as lingering uncertainty over US monetary policy weighed on the greenback.
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.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit closed lower compared to the greenback on Monday on a lack of catalysts for the local note ahead of the release of key US economic data.
KUALA LUMPUR, Nov 3 (Bernama) -- The Malaysian rubber market ended higher today, supported by the US-China trade war truce, said a dealer.
KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of November, nearing its one-year high, with traders anticipating an unchanged overnight policy rate (OPR) at 2.75 per cent.
KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit is expected to maintain its positive momentum next week, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee’s (MPC) decision on the overnight policy rate (OPR) on Nov 6 likely to be the main highlight.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit ended firmer against the greenback and major currencies on Friday, supported by improved risk sentiment following the easing of trade tensions between the United States and China.
KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit opened almost flat against the US dollar as traders and investors reacted to the US Federal Reserve (Fed)’s unexpectedly hawkish interest rate cut on Thursday, an analyst said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.