Ringgit Opens Marginally Higher Against Greenback

KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday, extending its recent gains as improved regional sentiment supported emerging Asian currencies.

Gold Futures End Higher On Expectations Of Dovish Fed Policy

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today as investors expect upcoming US economic data to push the Federal Reserve (Fed) toward a more dovish stance in December, said SPI Asset Management managing partner Stephen Innes.

Ringgit Rise Reflects Strong Economic Fundamentals, Boosts Investor Confidence

KUALA LUMPUR, Nov 19 (Bernama) -- The recent strengthening of the ringgit versus the US dollar reflects Malaysia’s underlying economic fundamentals and rising investor confidence in the country, said Sunway University economics professor Dr Yeah Kim Leng.

Malaysia Tightens Ree Management, Wants A Full Value Chain ​​to Be Developed In The Country - Johari

KUALA LUMPUR, Nov 19 (Bernama) -- The development of the rare earth element (REE) industry will go through a strict engagement process at the federal and state government levels to ensure that the REE value chain is developed domestically.

Ringgit Higher Versus US Dollar Ahead Of Next US Fed Rate Move

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid investors’ cautious sentiment about the US Federal Reserve (Fed) interest rate next month, an analyst said.

Malaysia's External Debt Risk Manageable - MOF

KUALA LUMPUR, Nov 18 (Bernama) -- The Finance Ministry (MoF) said Malaysia’s overall external debt risk remains manageable, supported by a favourable maturity and currency profile.

Gold Futures End Lower As December Fed Rate Cut Odds Drop To 40 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today amid broad risk-off sentiment after investors reacted to a reduced chance of a December Fed rate cut, which now stands at around 40 per cent.

Ringgit Extends Technical Correction, Ends Lower As US Rate Outlook Remains Uncertain

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit continued its technical correction, closing lower against the US dollar today, as traders and investors cashed in amid uncertainty over the United States interest rate outlook.

Rubber Market Closes Higher On Firmer Chinese Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 18 (Bernama) -- The rubber market finished higher on Tuesday, lifted by encouraging Chinese economic data and stronger automotive sales figures, said a dealer.

Ringgit Eases Slightly Against Greenback, Rises Vs Other Major Currencies

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit opened slightly easier against the US dollar this morning, reflecting a technical correction after its recent gains.

Gold Futures End Lower As Hopes For December US Rate Cut Cool

KUALA LUMPUR, Nov 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower as expectations of a US rate cut in December eased, said SPI Asset Management managing partner Stephen Innes. 

Ringgit Ends Lower As Fed Signals Steady Rates

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 17 (Bernama) -- The ringgit declined against the US dollar today as expectations for a United States interest rate cut in December have diminished.