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Ringgit Rises As Fed Minutes Signal Us Interest Rate Cuts Ahead

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Wednesday, buoyed by the US Federal Reserve’s (Fed) latest meeting minutes, which were perceived as less hawkish than anticipated and kept the rate-cutting narrative alive.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.

Ringgit To Trade In Tight Range Of 4.46-4.48 Versus US Dollar Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 23 (Bernama) -- The ringgit is expected to remain within a tight trading range, moving between RM4.46 and RM4.48 next week, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Ringgit Opens Lower Against Greenback On Cautious Sentiment

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst. 

Malaysia's Economic Growth To Remain Modest Amid External Challenges - Analyst

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).

Ringgit Advances As Domestic Optimism Offsets US Rate Concerns

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

Gold Futures End Lower On Stronger US Dollar, Higher US Treasury Yields

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) treasury yields, said an analyst.

MPOB: US Trade Policy Changes To Have Minimal Impact On Palm Oil Sector

BANGI, Nov 14 (Bernama) -- Projected changes in the United States' (US) trade policy are not expected to significantly impact the country's palm oil sector following Donald Trump's victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.

Any Form Of Protectionism Will Affect Trade And Investment - PM Anwar

KUALA LUMPUR, Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said that any form of protectionism will affect countries in terms of trade and investment.

Malaysia's IPO Surge Reflects Investor Confidence In Local Bourse

KUALA LUMPUR, Nov 12 (Bernama) – Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.

Ringgit Weakens Versus US Dollar As Global Uncertainties Intensify

KUALA LUMPUR, Nov 11 -- The ringgit was traded easier against the US dollar at today’s opening with demand for the greenback improving on the back of global political and economic uncertainties, an economist said.