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Ringgit Closes Lower Against Greenback On Trade War Concerns, China Deflationary Woes

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.

Majority Of Local Banks Hold Above-Average ESG Ratings

KUALA LUMPUR, March 10 (Bernama) -- Majority of Malaysian banks have environmental, social and corporate governance (ESG) ratings that surpass average benchmarks, aligning well with international standards and rivaling those of Singapore banks, said CIMB Securities Sdn Bhd.

Ringgit Opens Stronger On Higher Expectation Of US Rate Cut

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).

Ringgit To Remain Defensive Next Week, Trading In 4.41-4.45 Range Against US Dollar

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.

Ringgit Extends Rally Against US Dollar At Close

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. 

Maintaining OPR At 3.0 Pct Ensures Monetary Policy Flexibility Amid Economic Uncertainty -- Analyst

By Harizah Hanim Mohamed

KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00 per cent reflected a strategic calibration of monetary policy that allows the central bank flexibility amid evolving global and domestic economic conditions.

Gold Futures Mostly Higher At Close As US Dollar Weakens

By Siti Radziah Hamzah

KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives were mostly higher on Wednesday, supported by a weakening greenback and the growing bets for deeper US interest rate cuts than currently priced, said an analyst.

Ringgit Rises As US Dollar Falls On Tariff Concerns

KUALA LUMPUR, March 5 (Bernama) -- The ringgit strengthened against the US dollar at the opening today as the greenback weakened after the US government upheld its decision to impose import tariffs on Canada, Mexico and China, an analyst said.  

Gold Futures Surge At Close As Us Tariffs Strike Canada, Mexico And China

By Siti Radziah Hamzah

KUALA LUMPUR, March 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives surged at the close on Tuesday as investors turned to safe haven assets after US President Donald Trump confirmed tariffs on Canada, Mexico and China.

Ringgit Slightly Higher Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, March 4 (Bernama) -- The ringgit closed slightly higher against the US dollar on Tuesday as broader macro forces kept a floor under the domestic currency despite the US tariff barrage rattling global markets.  

Islamic Finance To Grow, Sukuk Issuance To Ease In 2025 - Moody's

KUALA LUMPUR, March 4 (Bernama) -- Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council (GCC) and Southeast Asia is supported by diversification agendas, investment inflows and population growth, according to Moody's Rating.

Ringgit Set To Strengthen Against US Dollar In 2025, Averaging At RM4.23 – MIDF

KUALA LUMPUR, March 3 (Bernama) -- The ringgit is expected to rise against the US dollar this year, averaging at RM4.23 against the greenback but at a slower pace due to evolving US monetary policy, according to MIDF Amanah Investment Bank Bhd.