Ringgit Closes Lower As Signs Of US Economic Recovery Spur Demand For Greenback

By Zarul Effendi Razali

KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit continued its downtrend to close lower against the US dollar on Monday as the American economy showed further signs of recovery, spurring demand for the greenback.

Ringgit Opens Higher Ahead Of PBoC Fixing 

By Karina Imran & Danni Haizal Danial Donald

KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies amid cautious sentiment ahead of the People's Bank of China (PBoC) fixing today, an analyst said.

Coffee Drinkers Have To Adapt To Surging Prices Amid Global Supply Shortage

By Fatin Umairah Abdul Hamid and K.Naveen Prabu

KUALA LUMPUR, Jan 5 (Bernama) -- Coffee lovers who are now paying more for their favourite specialty brew amid rising coffee bean prices might be forced to adopt more affordable alternatives such as brewing their own coffee and drinking it less frequently.

Ringgit Likely To Trade On Softer Note Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.

CPO Futures Close Higher After Indonesia Shed Light On Biodiesel Programme

KUALA LUMPUR, Jan 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, as the Indonesian government shed light on its biodiesel programme, said palm oil dealer David Ng.

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.

CPO Futures Extend Loss As Indonesia's B40 Biodiesel Delay Causes Market Uncertainty

KUALA LUMPUR, Jan 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its loss to close lower on Thursday as a delay in the implementation of Indonesia’s B40 biodiesel programme caused market uncertainty, a dealer said.

CPOPC Welcomes Papua New Guinea As Its Fourth Member Country

KUALA LUMPUR, Jan 2 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) has welcomed Papua New Guinea as its fourth member country, according to a statement from the CPOPC.

Ringgit Closes Lower On Continuous Demand For Greenback

KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit finished lower against the US dollar on the first trading day of the year on continuous demand for the greenback due to concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.

Maybank IB: CPO Prices Seen At RM4,500–RM5,000 In 1Q 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects crude palm oil (CPO) average selling prices (ASP) to range between RM4,500 and RM5,000 per tonne in the first quarter of 2025 (1Q 2025).

Ringgit Starts 2025 Lower On Fed Rate Cut Concerns

KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit opened lower against the US dollar on the first trading day of the year, weighed by market concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.