Ringgit Opens Flat Against US Dollar As Caution Prevails
KUALA LUMPUR, March 14 (Bernama) -- The ringgit opened nearly flat against the US dollar as cautious sentiment over the economic outlook prompted some investors to turn to safe-haven assets.
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KUALA LUMPUR, March 14 (Bernama) -- The ringgit opened nearly flat against the US dollar as cautious sentiment over the economic outlook prompted some investors to turn to safe-haven assets.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 13 (Bernama) -- The ringgit closed lower against the US dollar ahead of the release of the United States (US) Producer Price Index (PPI) data amid trade war concerns, said an analyst.
KUALA LUMPUR, March 13 (Bernama) -- The ringgit strengthened against the US dollar in early Thursday dealings, supported by improved buying sentiment for the domestic currency despite a firmer US Dollar Index (DXY).
KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).
By Danni Haizal Danial Donald
KUALA LUMPUR, March 11 (Bernama) -- The ringgit ended slightly higher against the US dollar on Tuesday, as investors remained cautious ahead of the Federal Open Market Committee (FOMC) meeting scheduled for March 19, according to an analyst.
KUALA LUMPUR, March 11 (Bernama) -- The ringgit started the day flat against the US dollar as investors adopted a wait-and-see stance following Bank Negara Malaysia’s recent decision to hold interest rates steady, which weighed on sentiment.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 10 (Bernama) -- The ringgit closed lower against the US dollar on Monday on lingering trade war concerns while deflationary pressures in China further weighed on Asian currencies.
KUALA LUMPUR, March 10 (Bernama) -- Maybank Research Pte Ltd has reiterated its views that Malaysia could get one positive rating action from S&P, Moody’s or Fitch by mid-2026 if the momentum of fiscal outperformance sustains into 2025.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 10 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, extending its positive momentum, propelled by mounting expectations of a US Federal Funds Rate cut, which triggered a dramatic plunge in the US Dollar Index (DXY).
KUALA LUMPUR, March 8 (Bernama) -- The ringgit is likely to remain defensive within the 4.41-4.45 range against the US dollar next week, underpinned by Bank Negara Malaysia’s recent policy status quo and Malaysia's solid macro outlook.
By Siti Radziah Hamzah
KUALA LUMPUR, March 7 (Bernama) -- The ringgit extended its rally today to close on the front foot against the US dollar, powered by a more dovish US Federal Reserve (Fed) outlook and Bank Negara Malaysia’s decision to hold rates steady, said an analyst.
KUALA LUMPUR, March 7 (Bernama) -- Malaysia’s international reserves rose to US$118.3 billion as at Feb 28, 2025, from US$117.7 billion on Feb 14, 2025, according to Bank Negara Malaysia (BNM).