By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Feb 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Thursday, weighed down by concerns that a stronger ringgit is dampening demand.
KUALA LUMPUR, Feb 12 (Bernama) -- MUFG Bank Ltd expects the ringgit to strengthen toward 3.70 against the US dollar by end-2026, underpinned by a more durable appreciation cycle driven by structural fundamentals.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit climbed to a fresh high of 3.8995 against the US dollar on Thursday, hovering near its strongest level in almost eight years.
KUALA LUMPUR, Feb 12 (Bernama) -- The Kuala Lumpur rubber market closed lower on Thursday, amid mixed crude oil prices, reflecting a stronger ringgit and weaker performances in regional rubber futures markets, a trader said.
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened higher against the US dollar, despite a firmer greenback, as continued confidence in Malaysia’s economic fundamentals supported the local currency.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 11 (Bernama) -- The ringgit rose by 0.25 per cent against the US dollar, strengthening for the third consecutive day on Wednesday, supported by encouraging domestic economic indicators.
KUALA LUMPUR, Feb 11 (Bernama) -- The Digital Asset Innovation Hub (DAIH) has onboarded three initiatives to test real-world applications involving ringgit stablecoins and tokenised deposits in 2026, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, Feb 11 (Bernama) -- The government has not chosen the floating price approach as recommended by the World Bank and several economic experts because it is considered to be burdensome for the majority of the people, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Feb 11 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Wednesday, as investors adopt a cautious stance ahead of key United States labour market data release.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit revisited the 3.92 level to end higher against the US dollar on Tuesday, as investors took positions ahead of the release of Malaysia’s gross domestic product (GDP) data on Friday.
KUALA LUMPUR, Feb 10 (Bernama) -- Khazanah Nasional Bhd plans to double down on key strategic sectors in 2026, focusing on connectivity and energy transition, and improving performance across its existing portfolio, said managing director Datuk Amirul Feisal Wan Zahir.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 10 (Bernama) -- India’s Unified Payments Interface (UPI) system, which is set to enter the Malaysian market, will enhance payment efficiency, reduce transaction costs and support smoother digital transactions between Malaysian and Indian firms, as well as for consumers and diaspora communities.
