10m ago
By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran
KUALA LUMPUR, Feb 13 (Bernama) - The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.
11m ago
KUALA LUMPUR, Jan 25 (Bernama) -- The ringgit is expected to trade cautiously against the greenback next week, ahead of the US Federal Open Market Committee (FOMC) meeting, and to remain within the RM4.37 to RM4.38 range, an economist said.
11m ago
KUALA LUMPUR, Jan 13 (Bernama) -- BMI, a unit of Fitch Solutions, has revised its end-2025 forecast for the ringgit to RM4.40 per US dollar (USD) from RM4.50 previously.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 19 (Bernama) -- The local currency traded 0.4 per cent weaker against the US dollar as the US Dollar Index rose further to 108.142 points following the United States (US) Federal Reserve's (Fed) decision to cut the Fed Funds Rate by 25 basis points last night.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended gains to close higher against the greenback on Thursday on rising confidence that there will be another US interest rate cut in the middle of the month.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to close lower against the greenback on Tuesday as the American dollar extended its rally ahead of speeches by US Federal Reserve (Fed) officials this week and US inflation data tomorrow, an economist said.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit closed stronger against the US dollar today, driven by broad market optimism.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued its downward momentum against the US dollar on Thursday, albeit marginally, weighed by a decline in Malaysia's international reserves, said an economist.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- Hong Leong Investment Bank (HLIB) Bhd believes that Malaysia’s neutral geopolitical stance places it in a stronger position to manage potential external policy shifts that may arise in the United States (US) after its Nov 5 elections.