Ringgit Stages Rebound To End Higher Against US Dollar
By Zarul Effendi Razali
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit rebounded from recent losses to close higher against the US dollar on Tuesday.
| LATEST NEWS | Govt encourages EV owners to install chargers at home for cheaper charging costs -- Johari Ghani | EV charging infrastructure development faces challenges of high installation costs of up to RM210,000, especially DC chargers -- Johari Ghani | 5,624 public EV chargers were installed by Dec 31, 2025, 56 per cent of the overall target -- Johari Ghani | As Parliament prepares to consider the Climate Change Bill, the transition will be orderly, evidence-based and anchored in national interest - PM Anwar | The strengthening of the ringgit ultimately reflect trust in institutions, in policy direction and trust that a country is governed with discipline and purpose — PM Anwar | |
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Ringgit Edges Higher As US Dollar Index Declines
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly higher against the US dollar, bolstered by a weaker US Dollar Index (DXY) after the release of US economic data, an analyst said.
FBM KLCI Continues Slide, Mirroring Weaker Regional Performance
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.
Gold Futures Likely To Be Volatile Next Week
KUALA LUMPUR, Jan 4 (Bernama) -- Trading of gold futures contracts on Bursa Malaysia Derivatives is likely to oscillate between US$2,640 and US$2,700 per troy ounce next week, said an analyst.
Ringgit Extends Loss As Robust US Jobs Data Holds Greenback Near Two-year High
KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.
Ringgit Weakens Versus US Dollar, Higher Against Major Currencies
KUALA LUMPUR, Jan 3 (Bernama) -- The ringgit weakened against the US dollar at today's opening, continuing its downtrend due to higher demand pressure for the greenback.
Malaysia's Economic Momentum To Continue Into 2025, GDP To Grow 6 Pct
By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.
Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies
By Norsyafawati Ab Wahab
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.
Bursa Malaysia Recoups Earlier Losses To End Higher
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the penultimate day of the year positively after a weak start, driven by buying momentum in selected heavyweights led by Maybank and Petronas Chemicals amid year-end window dressing by local institutions.
Bursa Malaysia Opens Lower On Weaker Wall Street
KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking weaker Wall Street performance on Friday.
Ringgit To Exhibit Softness In Thin Trading Next Week
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.
Ringgit Closes Little Changed Against US Dollar
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.