1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit ended the week positively, extending gains against the American dollar for the third straight session on Friday ahead of the closely watched US payrolls data later tonight.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 6 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, with the price of Standard Malaysian Rubber 20 (SMR 20) reaching its highest level since 2017, which recorded 933.5 sen per kilogramme (kg) in April, a dealer said.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit advanced against the US dollar in early trade on Friday ahead of the US non-farm payrolls (NFP) data that will be released later today, said an analyst.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- Bank Negara Malaysia (BNM) is currently fine-tuning a proposal from the Reserve Bank of India (RBI) to develop a Local Currency Settlement Framework (LCSF) to enhance the use of the Malaysian ringgit and Indian rupee in bilateral trade, said the Ministry of Investment, Trade and Industry (MITI).
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended gains to close higher against the greenback on Thursday on rising confidence that there will be another US interest rate cut in the middle of the month.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, weighed down by the stronger ringgit against the US dollar and a mixed performance in regional rubber futures markets, a dealer said.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Thursday on the back of improved buying sentiment towards the domestic currency, said an analyst.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit rebounded from yesterday’s losses to close higher against the greenback on Wednesday.
1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- MIDF Amanah Investment Bank Bhd (MIDF IB) anticipates ringgit to regain strength and to end the year stronger at RM4.30 compared to RM4.59 at the end of 2023.
1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit remained lower against the US dollar in early trade today as investors remained cautious about global market developments, an analyst said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 3 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, with the futures trying to find support at the RM5,000 a tonne level.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 3 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, with the futures trying to find support at the RM5,000 a tonne level.