Upbeat 2024 GDP Performance Drives Ringgit To End Higher
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.
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By Zufazlin Baharuddin
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.
KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM).
By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran
KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit continues to strengthen against the US dollar and ASEAN currencies ahead of Malaysia’s 2024 gross domestic product (GDP) data release today, said an analyst.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 13 (Bernama) -- The ringgit ended higher against the US dollar today as the local note corrected from its oversold position.
KUALA LUMPUR, Feb 13 (Bernama) -- Foreign holdings in Malaysia’s capital market are currently at 19.4 per cent as at January 2025, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Feb 13 (Bernama) -- The uncertainty in the global economy following US President Donald Trump’s tariff hikes on Canada, Mexico and China presents an opportunity for Malaysia to accelerate economic reforms, Economy Minister Datuk Seri Rafizi Ramli said.
By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran
KUALA LUMPUR, Feb 13 (Bernama) - The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit ended flat against the US dollar on cautious sentiment regarding the current economic outlook.
By Engku Shariful Azni Engku Ab Latif, Karina Imran & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States (US) import tariff on steel and aluminium industries supported the greenback.
KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing policy uncertainties.
KUALA LUMPUR, Feb 8 (Bernama) -- The ringgit is expected to trade within the 4.40-4.45 range against the US dollar next week, driven by trade developments and broader risk sentiment, said Kenanga Investment Bank Bhd.