9m ago
KUALA LUMPUR, July 7 (Bernama) -- The ringgit opened higher against the US dollar on Monday with anticipation of a possible overnight policy rate (OPR) cut by Bank Negara Malaysia’s (BNM) monetary policy committee (MPC) meeting on July 9, 2025, said an analyst.
9m ago
KUALA LUMPUR, July 4 (Bernama) -- The ringgit opened marginally higher against the US dollar amidst improving United States (US) economic data, which supported the greenback, said an analyst.
10m ago
KUALA LUMPUR, June 25 (Bernama) -- The ringgit extended its upward momentum to open higher against the US dollar and other major currencies on Wednesday, after the United States (US) Federal Reserve (Fed) signalled it was in no hurry to cut interest rates, opting instead to monitor the economy’s trajectory, an analyst said.
10m ago
KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday on the rising possibility of military de-escalation in the Middle East as United States (US) President Donald Trump announced a tentative ceasefire between Iran and Israel, said an analyst.
10m ago
KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday despite a strong US Dollar Index (DXY) as ongoing geopolitical tensions, with the United States’ (US) involvement in the Israel-Iran conflict, in focus, said an analyst.
10m ago
By Fatin Umairah Abdul Hamid and K Naveen Prabu
KUALA LUMPUR, June 20 (Bernama) -- Malaysia’s timber exports may gain a competitive edge in the American market due to higher tariffs imposed on regional rivals such as Vietnam and Indonesia.
10m ago
KUALA LUMPUR, June 20 (Bernama) -- The ringgit opened higher against the US dollar on Friday as investors remained in cautious mode amid the escalating conflict in the Middle East, said an analyst.
10m ago
KUALA LUMPUR, June 19 (Bernama) -- In addition to zakat, the Islamic financial system has several methods of collecting public wealth for use in purposes determined by Islamic law, according to a lecturer at a local university.
10m ago
By Anas Abu Hassan and Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 19 (Bernama) -- The ringgit inched higher at the opening today amid ongoing geopolitical worries and despite a firmer greenback after the US Federal Reserve (Fed) decided to keep interest rates unchanged, an analyst said.
10m ago
By Fatin Umairah Abdul Hamid and K Naveen Prabu
KUALA LUMPUR, June 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday, supported by stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.
10m ago
By Fatin Umairah Abdul Hamid and K Naveen Prabu
KUALA LUMPUR, June 18 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, in tandem with regional rubber futures markets and a weaker ringgit against the United States (US) dollar, a dealer said.
10m ago
By Anas Abu Hassan and Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 17 (Bernama) -- The ringgit opened flat against the US dollar on Tuesday as investors steered towards the sidelines amid cautious sentiment ahead of the two-day Federal Open Market Committee (FOMC) meeting beginning later today, said an analyst.