Ringgit Closes Lower Amid Renewed US Tariff Concerns
KUALA LUMPUR, June 3 (Bernama) -- The ringgit ended lower on Wednesday against the American dollar amid volatile currency markets as concerns over US tariffs resurfaced.
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KUALA LUMPUR, June 3 (Bernama) -- The ringgit ended lower on Wednesday against the American dollar amid volatile currency markets as concerns over US tariffs resurfaced.
KUALA LUMPUR, June 3 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday as better-than-expected United States (US) economic data and uncertainty in West Asia kept the greenback ticking higher.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 30 (Bernama) -- The ringgit is forecast to trade within a narrow range of RM3.95 to RM3.97 against the US dollar next week as trading activity may be subdued during the holiday-shortened week.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 29 (Bernama) -- The ringgit ended the week higher against the US dollar on Friday, supported by renewed risk appetite following reports of a possible reopening of the Strait of Hormuz, a key global oil shipping route.
By Karina Imran
KUALA LUMPUR, May 29 (Bernama) -- The ringgit opened higher against the greenback on Friday amid news about the possible United States-Iran truce, which is expected to have a positive impact on the local note, said an analyst.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 28 (Bernama) -- The ringgit closed lower against the US dollar on Thursday, as escalating geopolitical tensions in West Asia increased demand for the greenback amid heightened risk aversion.
By Karina Imran
KUALA LUMPUR, May 28 (Bernama) -- The ringgit opened mostly higher against major currencies today but eased slightly against the US dollar as investors stayed cautious over ongoing United States-Iran negotiations.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 26 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday, pressured by external developments following reports of United States and Israeli attacks on Iranian vessels in the Strait of Hormuz, which dampened regional market sentiment.
By Karina Imran
KUALA LUMPUR, May 26 (Bernama) -- The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the Straits of Hormuz.
JAKARTA, May 25 (Bernama) -- Bank Indonesia (BI) said its liquidity support measures and government incentives for micro, small and medium enterprises (MSMEs) would help cushion the impact of higher borrowing costs following the recent increase in the benchmark BI-Rate.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 25 (Bernama) -- The ringgit closed higher against the US dollar on Monday, driven by hopes of a resolution to the war between the United States (US) and Iran although conditions remained highly fluid.
By Karina Imran
KUALA LUMPUR, May 25 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by improved market sentiment amid investor optimism over possible progress in negotiations between the United States and Iran.