Ringgit Continues To Retreat Against Greenback On Profit-taking After Recent Gains
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.
| LATEST NEWS | ‘Bantuan Wang Ihsan’ cash aid (BWI) will be disbursed while flood victims are still at evacuation centres - DPM Ahmad Zahid | A proposal to increase the amount of the ‘Bantuan Wang Ihsan’ cash aid (BWI) for disaster victims will be brought to the Cabinet meeting - DPM Ahmad Zahid | SEA Games 2025: Malaysia achieve 200-medal target after national track cyclists win men's team pursuit gold | SEA Games 2025: National woman track cyclist Nur Aisyah Mohamad Zubir bags gold in scratch race | SEA Games 2025: National track cyclist Muhammad Ridwan Sahrom powers to gold in men's keirin event | |
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 28 (Bernama) – The revised projection for Malaysia’s GDP growth in 2025 by Bank Negara Malaysia (BNM) is a realistic forecast that aligns with the economy’s underlying growth potential, said economist Professor Geoffrey Williams.
KUALA LUMPUR, July 26 (Bernama) -- The risk of higher United States (US) tariffs on Malaysia as the Aug 1 deadline draws near is likely to weigh on Bursa Malaysia next week, although domestically-oriented counters are expected to remain relatively resilient, supported by firm internal demand and fiscal tailwinds.
KUALA LUMPUR, July 22 (Bernama) -- Research firms have revised their forecasts for Malaysia’s headline inflation in 2025, lowering it to 1.5 per cent to 1.8 per cent.
KUALA LUMPUR, July 22 (Bernama) -- Malaysia's inflation for 2025 is projected at 2.0 per cent, supported by the “gradual and orderly implementation of fiscal retargeting measures and moderate demand-side pressures,” said RHB Investment Bank Bhd (RHB IB).
By Harizah Hanim Mohamed
KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed 0.34 per cent lower on Tuesday, marking its second straight day of decline, as the lack of buying support and absence of strong cues from key regional indices continued to weigh on sentiment.
KUALA LUMPUR, July 22 (Bernama) -- Malaysia’s inflation rose at a slower pace of 1.1 per cent in June 2025, with the index standing at 134.5 points compared to 133.0 in the same month last year, according to the Department of Statistics Malaysia (DoSM).
KUALA LUMPUR, July 16 (Bernama) -- The ringgit slipped 0.01 per cent against the US dollar at the close, as the local note continued trading on the defensive today, which offered some technical comfort for the ringgit.
By Durratul Ain Ahmad Fuad and Danni Haizal Danial Donald
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia closed lower on Wednesday on continuous profit-taking in selected heavyweights led by the financial services and utilities sectors.
By K. Naveen Prabu
KUALA LUMPUR, July 16 (Bernama) -- The Malaysian rubber market ended mixed today, in tandem with regional rubber futures markets, a dealer said.
KUALA LUMPUR, July 16 (Bernama) -- The ringgit opened lower against the US dollar today as the greenback strengthened on waning hopes of an interest rate cut this month by the United States.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 12 (Bernama) -- The ringgit is expected to remain volatile next week, moving in the range between 4.24 and 4.26 against the US dollar, an analyst said.