Gold Futures End Lower On Softer Greenback, US-Iran Uncertainty
KUALA LUMPUR, Feb 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Friday amid a softer greenback and uncertainty concerning the US-Iran nuclear deal.
| LATEST NEWS | Japan 7.5-magnitude quake: Fukushima Daiichi, Daini nuclear plants report no abnormalities - Kyodo | Japan halts Tokyo–Aomori bullet train services after 7.5 quake - Kyodo | Japan quake magnitude revised to 7.5; tsunami observed off Iwate and Aomori in the Pacific, Kyodo reported | A powerful 7.4-magnitude quake struck off northeast and northern Japan on Monday, with a tsunami warning issued, media reported | Government considering exemption of import duty and sales tax for re-importation of Malaysian-made goods affected by West Asia conflict until Dec 31, 2026 -- MOF | |
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Ringgit Opens Higher Vs Greenback, Major, Regional Currencies
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally firmer against the US dollar and other major currencies on Friday, supported by a pullback in United States Treasury yields and early Asian session positioning, despite the US dollar index (DXY) closing slightly higher.
Malaysia Must Not Fixate On Exchange Rates But Rather On Ringgit’s Long-term Strength -- Economist
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.
Gold Futures End Lower
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished lower on Thursday despite persisting uncertainty over US tariff policy and US-Iran negotiations.
Ringgit Ends Higher Against US Dollar Amid Tariff, US-Iran Deal Uncertainty
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit closed higher against the US dollar on Thursday amid uncertainty over US tariff policy and US-Iran talks.
Rubber Market Ends Mixed Amid Strengthening Ringgit, Uncertainty Over US Tariffs
KUALA LUMPUR, Feb 26 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday amid a strengthening ringgit and uncertainty over US tariffs, despite the continued uptrend in Japanese rubber futures.
Ringgit Touches RM3.87 Against US Dollar At Open
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit extended its gains to open higher on Tuesday, with foreign exchange markets seen to have largely priced in Malaysia’s encouraging macroeconomic data and recent tariff developments.
Rubber Market Likely To Trade Upward Next Week
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 21 (Bernama) -- The Malaysian rubber market is expected to trend upward next week, as heavy rainfall continues to persist across key producing regions, adversely affecting rubber productivity, an industry expert Denis Low said.
Ringgit Opens Higher Vs US Dollar Amid Geopolitical Tensions
KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit opened higher against the US dollar on Friday as traders turned cautious amid escalating geopolitical tensions, an analyst said.
Brent Crude Price Slips More Than 4 Pct Over US-Iran Tension
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 15 (Bernama) -- Brent crude oil prices slipped more than 4.0 per cent on Thursday after Iran, among OPEC’s largest oil producers, warned that the country will retaliate against foreign threats.
Rubber Market Ends Lower After Four-day Rally On Weaker Oil Prices, Stronger Ringgit
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 15 (Bernama) -- The Malaysian rubber market snapped a four-day winning streak to close lower on Thursday, weighed down by losses in regional rubber futures markets, a sharp drop in crude oil prices, and the continued strengthening of the ringgit against the US dollar, said a dealer.
Bursa Malaysia Ends Morning Session Higher On Stronger Sentiment
KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia ended the morning session higher, buoyed by renewed buying in heavyweight banking and telecommunications stocks amid improved market sentiment.