By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the uptrend in the soybean oil market, said palm oil trader David Ng.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 19 (Bernama) -- The ringgit ended higher against the US dollar today, supported by a weaker US Dollar Index (DXY) which fell 0.71 per cent to 100.376 following a downgrade of the United States government's sovereign credit rating.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 19 (Bernama) -- The Malaysian rubber market ended higher today, in tandem with the uptrend in regional rubber futures markets and a weaker ringgit against the dollar, a dealer said.
By Zufazlin Baharuddin
KUALA LUMPUR, May 19 (Bernama) -- The ringgit opened higher today against the US dollar buoyed by Moody’s Ratings recent downgrade of the US credit rating on concerns over rising debt.
By Anas Abu Hassan
KUALA LUMPUR, May 17 (Bernama) -- Bursa Malaysia is expected to see some volatile trading next week, albeit market optimism is supported by improving global sentiment, a dealer said.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 17 (Bernama) -- The Malaysian rubber market is expected to track the performance of regional rubber futures markets, the strength of the ringgit against the United States (US) dollar, and benchmark crude oil prices, said a dealer.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 16 (Bernama) -- The ringgit closed lower against the US dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the United States.
KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.
KUALA LUMPUR, May 16 (Bernama) -- Positive macroeconomic prospects and the ongoing implementation of structural reforms will provide medium-term support for the ringgit, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed marginally higher against the US dollar today, buoyed by mild demand, as traders remained cautious while monitoring ongoing economic developments.
