Ringgit Retreats After Three Days Of Gains
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit rose against the US dollar for the third consecutive day despite heightened concern over geopolitical development in Ukraine, said an analyst.
KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia remained in the red at midday, weighed down by continuous selling in selected heavyweights, led by financial services and utilities sectors.
From M. Saraswathi
RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- The largest South American country Brazil is strategically located for Malaysian semiconductor industry’s “Plus One” strategy to de-risk their supply chain resiliency.
KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit appreciated against the US dollar on Tuesday rebounding from yesterday’s loss, following weaker demand for the greenback, said an analyst.
KUALA LUMPUR, Nov 19 (Bernama) -- Donald Trump’s upcoming economic policies are expected to significantly impact Malaysia’s economy, with projections indicating that they could contribute RM19.7 billion to the country’s gross domestic product (GDP).
KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia remained higher at midday, buoyed by the industrial products and services, telecommunications and media, and financial services counters.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit slipped against the US dollar at the close on Monday, reflecting the mixed performance of regional currencies, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
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).
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.
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.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit, along with other emerging market currencies, continued to depreciate against the greenback on Thursday as uncertainties over Trump 2.0 policies and their impact on the US Federal Reserve’s (Fed) monetary policy looms large, an economist said.