Ringgit Improves Against Greenback Amid Weaker US Economic Data
KUALA LUMPUR, June 12 (Bernama) -- The ringgit continues to strengthen against the greenback on Thursday, amid weaker United States (US) economic data, an analyst said.
LATEST NEWS | US Secretary of State Marco Rubio affirmed Washington’s long-term commitment to ASEAN | National women's doubles pair Pearly-Thinaah will remain with BAM - BAM President | US Secretary of State Marco Rubio and his Russian counterpart Sergey Lavrov hold meeting on the sidelines of 58th AMM and related meetings in Kuala Lumpur | Palestine: US Secretary of state Marco Rubio confident of a ceasefire which allows delivery of humanitarian aid - PM Anwar | ASEAN reaffirms collective commitment to further deepen the ASEAN Plus Three cooperation as a driving force for peace, stability and prosperity in East Asia - FM Mohamad | |
KUALA LUMPUR, June 12 (Bernama) -- The ringgit continues to strengthen against the greenback on Thursday, amid weaker United States (US) economic data, an analyst said.
KUALA LUMPUR, June 10 (Bernama) --The ringgit opened slightly higher against the US dollar on Tuesday amid caution about the outcome of trade talks between China and the United States.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is set to trade between 1,500 and 1,530 points next week, pending fresh market catalysts, said an analyst.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to track the performance of the underlying cash market, amid ongoing global market uncertainty.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 7 (Bernama) -- The ringgit is likely to trade around RM4.22 to RM4.23 next week, said an analyst.
KUALA LUMPUR, May 29 (Bernama) -- MIDF Amanah Investment Bank Bhd anticipates the implementation of RON95 fuel subsidy rationalisation may be pushed to the fourth quarter of 2025 due to unresolved issues such as eligibility and the delivery mechanism.
KUALA LUMPUR, May 28 (Bernama) -- Malaysia’s Producer Price Index (PPI), which measures price changes at the producer level, continued to decline by 3.4 per cent in April 2025, with the mining sector being the main contributor, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 22 (Bernama) -- Malaysia’s headline inflation increased to 1.4 per cent in April 2025 with the consumer price index at 134.3 versus 132.4 the same month a year ago, according to the Statistics Department Malaysia (DOSM).
By Anas Abu Hassan
KUALA LUMPUR, May 17 (Bernama) -- Bursa Malaysia is expected to see some volatile trading next week, albeit market optimism is supported by improving global sentiment, a dealer said.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 16 (Bernama) -- The ringgit closed lower against the US dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the United States.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.