Bursa Malaysia Opens Higher Amid Slower US Rate Cut Concerns
KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia’s benchmark index opened higher on Tuesday, buoyed by mixed performances on Wall Street and regional markets.
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Ringgit Closes Lower As Signs Of US Economic Recovery Spur Demand For Greenback
By Zarul Effendi Razali
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit continued its downtrend to close lower against the US dollar on Monday as the American economy showed further signs of recovery, spurring demand for the greenback.
FBM KLCI Continues Slide, Mirroring Weaker Regional Performance
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.
Ringgit Likely To Trade On Softer Note Next Week
KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.
Ringgit Extends Loss As Robust US Jobs Data Holds Greenback Near Two-year High
KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.
Ringgit Weakens Versus US Dollar, Higher Against Major Currencies
KUALA LUMPUR, Jan 3 (Bernama) -- The ringgit weakened against the US dollar at today's opening, continuing its downtrend due to higher demand pressure for the greenback.
Ringgit Closes Lower On Continuous Demand For Greenback
KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit finished lower against the US dollar on the first trading day of the year on continuous demand for the greenback due to concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.
KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
Ringgit Starts 2025 Lower On Fed Rate Cut Concerns
KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit opened lower against the US dollar on the first trading day of the year, weighed by market concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.
Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies
By Norsyafawati Ab Wahab
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.
Ringgit Closes Lower AS Greenback Demand Rises Amid Global Uncertainties
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of 2024 on rising demand for the safe-haven currency amid ongoing global economic uncertainties.
Ringgit Opens Firmer Despite Safe-Haven Demand
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency amid ongoing global economic uncertainties and heightened geopolitical risks, an analyst said.