Ringgit Opens Higher, May Extend Gains If OPR Holds At 2.75 Pct
KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended yesterday’s momentum to open higher on Thursday, amid expectations that it could appreciate further today.
KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended yesterday’s momentum to open higher on Thursday, amid expectations that it could appreciate further today.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 7 (Bernama) -- Bursa Malaysia opened higher on Thursday, supported by buying interest in banking and financial stocks ahead of Bank Negara Malaysia’s Overnight Policy Rate (OPR) announcement later today, in line with overnight gains on Wall Street.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives pared yesterday’s losses to close higher on Wednesday, as a softer US dollar and crude oil prices lifted market sentiment.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 6 (Bernama) -- The ringgit continued its upward momentum, closing mostly higher against most major currencies and regional peers on improved sentiment as investors await the decision on the Overnight Policy Rate (OPR).
KUALA LUMPUR, May 6 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday ahead of Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) meeting tomorrow, where policymakers will assess inflation and growth, key factors shaping the outlook for the Overnight Policy Rate.
KUALA LUMPUR, May 5 (Bernama) -- The ringgit ended firmly against most major currencies and regional peers ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting as its decision is expected to play a critical role in setting the market tone going forward.
KUALA LUMPUR, May 5 (Bernama) -- The ringgit opened nearly unchanged against the US dollar from yesterday’s close as markets await the latest decision by Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC), scheduled for May 7.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.
KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia opened higher on the first trading day of May, supported by continued net foreign inflows and bolstered by the International Monetary Fund’s (IMF) upbeat outlook on Malaysia’s economic prospects.
KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.
KUALA LUMPUR, May 2 (Bernama) -- The continued strengthening of the ringgit and the improved economic projections by the International Monetary Fund (IMF) indicate the fundamental strength of the country's economy and investor confidence in the direction of the Malaysia MADANI administration.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 2 (Bernama) -- The ringgit is expected to trade within a narrow range next week, hovering between RM3.96 and RM3.98 against the US dollar ahead of key United States data.