Ringgit Firms To 3.9485 As Weak US Data Pressures Greenback
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday, supported by weaker US economic data that continued to weigh on the greenback.
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KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday, supported by weaker US economic data that continued to weigh on the greenback.
By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.
By M.Saraswathi & Karina Imran
KUALA LUMPUR, Jan 27 (Bernama) -- Policy certainty, ongoing government reforms and supportive external factors have contributed to the ringgit’s steady appreciation to levels last seen in 2018, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit traded at 3.9540 against the US dollar at the lunch break, marking a fresh high since May 15, 2018, when it last stood at the same level, and extending its run of fresh highs.
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit steadily opened at 3.96 against the US dollar this morning, amid talks of possible currency intervention by the United States and Japanese authorities intensified.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit spiralled to breach the 4.00 psychological level at the close today against the US dollar, as the currency extended its uptrend that began last week, reflecting improving sentiment toward the country’s economic fundamentals and policy stability.
KUALA LUMPUR, Jan 26 (Bernama) -- The Ministry of Digital is developing the Malaysia Digital Inclusivity Index (MyIKD) as part of efforts to strengthen the planning and monitoring of digital inclusivity more comprehensively.
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, hovering near its strongest level in more than seven years following a boost in risk appetite amid Bank Negara Malaysia’s decision to maintain the overnight policy rate and a weaker US dollar index.
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 15 (Bernama) -- Brent crude oil prices slipped more than 4.0 per cent on Thursday after Iran, among OPEC’s largest oil producers, warned that the country will retaliate against foreign threats.
KUALA LUMPUR, Jan 15 (Bernama) -- The Vienna Institute for Global Studies (VIGS), an independent interdisciplinary research institute, has released its 2026 Global Digital Entrepreneurship Ecosystem (DEE) Index Report, highlighting a widening gap between digital readiness and the capacity to scale entrepreneurial ventures worldwide.
KUALA LUMPUR, Jan 15 (Bernama) -- Hungary has developed the Harmonic Development Index (H2DI) as a new global framework to measure sustainable development and societal wellbeing beyond gross domestic product (GDP).
KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia needs to remain open to a broader range of international trade agreements beyond its traditional markets, particularly the United States and China, to support the stability and further strengthening of the ringgit.