Ringgit Rises Vs Greenback On Lower Us Treasury Yields
KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by continued declines in US Treasury yields that weighed on the greenback.
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KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by continued declines in US Treasury yields that weighed on the greenback.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 12 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended lower on Wednesday, weighed down by declining soybean oil prices, a trader said.
KUALA LUMPUR, Nov 12 (Bernama) -- Hong Leong Bank Bhd (HLB) believes the ringgit has sufficient fundamental strength to continue its uptrend after the local note opened at 4.12 against the US dollar on Wednesday, its strongest level since Sept 30, 2024.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit closed marginally higher against the US dollar today, extending its rally for the seventh consecutive trading day, as investors remained positive ahead of the United States government reopening vote.
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SINGAPORE, Nov 12 (Bernama) -- Global leader in digital payments, Visa Inc has announced a breakthrough pilot programme allowing businesses and platforms to send stablecoin payouts directly to recipients’ stablecoin wallets.
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia remained easier at midday today as profit-taking continued, especially in plantation and healthcare stocks.
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia opened higher for the third straight day, lifted by the ringgit’s continued strength against the US dollar, which is expected to draw traders’ focus towards domestic sectors such as consumer counters.
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to roll on and touched the 4.12 level at the opening on Wednesday, marking a new high in more than 13 months, buoyed by a softer US dollar following weaker US economic data.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 11 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended mostly higher on stronger soybean oil prices, according to a trader.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit extended its uptrend to close higher for the sixth consecutive day today, supported by renewed optimism over a possible interest rate cut by the United States Federal Reserve (Fed).
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit is trading at RM4.16 against the US dollar, making it the best-performing currency in Asia, Prime Minister Datuk Seri Anwar Ibrahim said.
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit continued its momentum to open higher today, buoyed by continuous buying interest in the local note amid a weakened greenback.