Ringgit Closes Stronger Against US Dollar On Market Optimism
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit closed stronger against the US dollar today, driven by broad market optimism.
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Rubber Market Ends Mixed On Lower Crude Oil Prices
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, influenced by a downtrend in crude oil prices and the stronger ringgit against the greenback, a dealer said.
FBM KLCI Marginally Higher At Mid-day
KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia remained marginally higher, tracking Wall Street’s strong overnight performance and aligning with most regional peers.
Cagamas Raised RM2.2 Bln in October Despite Challenging Market Environment
KUALA LUMPUR, Nov 8 (Bernama) -- Cagamas Bhd, the national mortgage corporation of Malaysia, successfully raised RM2.2 billion in October despite challenging market conditions.
Taobao Malaysia Simplifies International Shopping, From App Navigation To Doorstep Delivery
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 8 (Bernama) -- Taobao Malaysia is introducing a myriad of new service enhancements, making it easier than ever for Malaysians to shop across borders seamlessly.
Ringgit Opens Higher Versus US Dollar Following Fed Rate Cut
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.
Ringgit Marginally Lower Against US Dollar At The Close
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued its downward momentum against the US dollar on Thursday, albeit marginally, weighed by a decline in Malaysia's international reserves, said an economist.
Narrowing Of Interest Rate Differentials Positive For Ringgit - BNM Governor
KUALA LUMPUR, Nov 7 (Bernama) -- The narrowing of interest rate differentials between Malaysia and advanced economies is positive for the ringgit amid volatility in geopolitical developments, said Bank Negara Malaysia (BNM).
Trump Presidency To Enhance Malaysia's Export Potential, FDI Inflows -- CIMB Securities
KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.
Bursa Malaysia Stays Lower At Midday
KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia remained lower at midday, weighed by cautious investor sentiment despite Wall Street's robust performance overnight.
Ringgit Opens Higher Despite Stronger US Dollar On Trump’s Return To Presidency
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 per cent increase from the previous day’s close.
CPO Futures Rally Above RM4,900 On Stronger Export Pace
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday as price rallied above RM4,900 per tonne for January 2025 benchmark contract, a trader said.