Rubber Market Closes Lower, In Line With Regional Downtrend

KUALA LUMPUR, Dec 18 (Bernama) – The rubber market closed lower on Wednesday, following the downtrend in regional rubber futures markets, said a dealer.

Ringgit Opens Higher Against Greenback On Expected US Interest Rate Cut

KUALA LUMPUR, Dec 18 (Bernama) --The ringgit opened higher against the US dollar on Wednesday ahead of an expected interest rate cut later today in the United States.

Ringgit Rises For Third Straight Session Against Greenback Ahead Of US Payrolls Data

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.

Rubber Market Ends Higher, SMR 20 Highest Since 2017

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.

Ringgit Higher Against US Dollar In Early Trade

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.  

BNM Refining RBI Proposal For LCSF, To Enhance Use Of Rupee And Ringgit In Trade

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).

Ringgit Extends Gains On Rising Confidence Of Another US Rate Cut

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.

Rubber Market Ends Mixed Amid Stronger Ringgit And Regional Trends

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.

Ringgit Strengthens Against US Dollar In Early Trade

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. 

Ringgit Rebounds To End Higher Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit rebounded from yesterday’s losses to close higher against the greenback on Wednesday.

MIDF Amanah Anticipates Ringgit To Trade Higher At RM4.30 By Year-end

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.

Ringgit Remains Lower Against US Dollar In Early Trade

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.