BNM's Decision To Keep OPR At 3 Pct Will Stimulate Economic Growth - Economists

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia's (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists. 

Gold Futures Close Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 20 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today, fueled primarily by a dip in the US dollar and a continued decline in US Treasury yields following last week’s softer inflation data.

Gold Futures Set To Remain Supported Next Week Amid Uncertainty Over Trump's Policies

KUALA LUMPUR, Jan 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives will likely remain well-supported following the unpredictability of Donald Trump policies, said an analyst.

Ringgit Continues To Close Weaker Against US Dollar

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit weakened against the US dollar at the close today on cautious market sentiment ahead of the inauguration of Donald Trump as the US president on Monday, said an analyst. 

Ringgit Opens Higher Against US Dollar For Fourth Consecutive Day 

KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit opened higher for the fourth consecutive day against the US dollar as investors reassessed their positions following the release of weaker US economic data, said an analyst.

Ringgit Weakens Against Us Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit eased against the US dollar at the close today on lack of buying momentum. 

Ringgit Opens Slightly Higher Vs USD

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit opened slightly higher against the US dollar today amidst tepid investor sentiment, as the United States (US) economic data came in slightly better than expected.

Ringgit Advances Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation, said an analyst.

Global Uncertainties Push Ringgit To Open Higher Against US Dollar

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.

Ringgit Ends Easier Vs USD

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit ended easier against the US dollar on Monday amidst cautious market sentiments following sturdy United States (US) nonfarm payrolls (NFP) for December 2024.

Gold Futures Outlook Remains Bullish For Next Week

By Zarul Effendi Razali

KUALA LUMPUR, Jan 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives will likely maintain their upward trajectory next week, supported by a positive outlook for physical gold on the London Bullion Market Association.

Gold Futures Maintain Uptrend To End Higher

By Zarul Effendi Razali

KUALA LUMPUR, Jan 10 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued its uptrend for the fourth consecutive day to end the week higher as traders stayed cautious over the policies of the new United States (US) administration under Donald Trump.