7d ago
KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit continued to hold steady against the US dollar at Tuesday’s close, as markets positioned for a cautious tone as the Federal Open Market Committee (FOMC) begins its two-day meeting today.
8d ago
KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit opened marginally lower against the US dollar this morning and is expected to maintain trade within a tight range in light of the mixed market sentiments as the Federal Open Market Committee (FOMC) begins its two-day meeting today.
9d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 8 (Bernama) -- The ringgit opened firmer against the US dollar this morning, carried by last week’s positive momentum as the greenback continued to weaken ahead of the two-day Federal Open Market Committee (FOMC) meeting starting tomorrow.
11d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit is expected to remain steady and trade within the 4.10–4.12 range against the US dollar next week, supported by market expectations of an interest rate cut by the US Federal Reserve (Fed) at its upcoming Federal Open Market Committee (FOMC) meeting.
11d ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended its gains to close marginally higher against the greenback on Friday, as expectations of an interest rate cut next week by the US Federal Reserve (Fed) stayed elevated.
12d ago
By Karina Imran & Naveen Prabu
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit opened firmer on Friday at around RM4.10 to the US dollar, with improving fiscal conditions supporting investor sentiment toward the local currency.
12d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit surged to 4.11 against the greenback at the close on Thursday, hitting a new high in almost four and a half years, as weaker economic data in the United States continued to heighten expectations of a cut in US interest rates.
13d ago
By Karina Imran & Naveen Prabu
KUALA LUMPUR, Dec 4 -- The ringgit opened firmer at RM4.11 level against the US dollar this morning as markets priced in higher odds of United States (US) monetary easing next week.
13d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit jumped to a fresh 14-month high against the greenback on Wednesday, hitting 4.1200 at the close as the continued anticipation of an interest rate cut by the US Federal Reserve (Fed) next week weighed on the dollar.
14d ago
KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday as traders opted for a wait-and-see mode ahead of the US Federal Open Market Committee (FOMC) meeting where an interest rate cut is highly anticipated, said an economist.
14d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit ended marginally higher against the greenback on Tuesday as weaker-than-expected US manufacturing data strengthened expectations of a cut in US interest rates next week.