Ringgit Eases Versus Greenback On Firm US Economic Data
KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit eased against the US dollar on Friday as the greenback gained momentum following stronger United States (US) economic data.
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Ringgit Rises Against Greenback, Major Currencies Ahead US PCE Data
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit ended marginally higher against the greenback on Thursday as improved market sentiment emerged ahead of the release of the US Personal Consumption Expenditures (PCE) inflation data on Friday.
Ringgit Holds Steady Against Greenback Amid PBoC Fixing
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit held steady against the US dollar at opening on Thursday, amid the recent People's Bank of China’s (PBoC) pressure on market sentiment.
RCEP Summit Platform For Malaysia To Champion Free Trade Amid Rising Protectionism
By Kisho Kumari Sucedaram
KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s hosting of the inaugural Regional Comprehensive Economic Partnership (RCEP) leaders’ summit this October is seen as a timely opportunity for Putrajaya to reinforce the case for free trade at a time when protectionism is on the rise, economists said.
Ringgit Opens Slightly Higher As Greenback Slips On Softer US Data
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday as the greenback weakened after softer United States (US) economic data.
Ringgit Ends Lower Against Greenback On Profit-taking
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday due to profit-taking, as traders and investors opted to lock in recent gains, said an analyst.
Ringgit Extends Gains On RON95 Subsidy Reform
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, extending gains as market confidence was lifted by the government’s firm policy stance following the rationalisation of RON95 subsidies.
Ringgit Ends Firmer on Government’s Prudent RON95 Subsidy Move
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit closed firmer against the US dollar and other major currencies on Monday, supported by positive market sentiment following the government’s measured rationalisation of RON95 fuel subsidies.
RON95 Subsidy Rationalisation Expected To Strengthen Fiscal Position – Economists
PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.
Ringgit Starts Higher On Stable S&P Outlook
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.
Ringgit To Trade Within Tight Range Next Week
By Anas Abu Hassan
KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is expected to continue trading within a tight range with an upward bias next week, as investors reassess the trading trend following the United States (US) interest rate cuts.
Ringgit Ends Lower As Greenback Rebounds
By Anas Abu Hassan
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit ended the week lower, retreating from its recent rally as the US dollar strengthened following the United States (US) Federal Reserve's (Fed) move to cut its interest rate, an economist said.