2m ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.
3m ago
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit strengthened for the fifth straight day against the US dollar and other major currencies, supported by improved risk appetite following the successful conclusion of the ASEAN Summit, which helped boost investor confidence in Malaysia's regional stability and economic integration.
3m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains on Wednesday, opening higher against the US dollar, supported by positive sentiment following the success of the 47th ASEAN Summit and Related Summits in Kuala Lumpur, an analyst said.
3m ago
KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday amid investors’ caution ahead of the Federal Open Market Committee (FOMC) meeting scheduled on Oct 28-29, an analyst said.
3m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week as cautious sentiment prevails ahead of the upcoming Federal Open Market Committee (FOMC) meeting.
3m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit ended marginally higher against the greenback today as investors turned cautious ahead of the release of the United States (US) Consumer Price Index (CPI) data.
3m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit closed marginally higher against the US dollar today, supported by firmer crude oil prices amid supply concerns following sanctions imposed by the United States and the European Union on a major Russian oil producer.
3m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, lifted by growing expectations of an imminent US interest rate cut and a broader risk-off mood in global markets.
3m ago
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by a weaker greenback after dovish signals from the US Federal Reserve (Fed).
4m ago
KUALA LUMPUR, Sept 25 (Bernama) -- New Zealand has described the upgraded ASEAN-Australia-New Zealand free trade agreement (AANZFTA) as a strong example of how the two countries and the grouping address current economic challenges practically and progressively.