1d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit climbed to another new high at Tuesday’s closing, touching 4.0615, the strongest level last seen in early March 2021, as expectations of a United States (US) interest rate cut continued to pressure the greenback.
1d ago
KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by continued selling in selected heavyweights amid upbeat regional market sentiments.
1d ago
KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit opened higher against the US dollar in early trade today, supported by a weaker greenback as the US Dollar Index (DXY) declined 0.33 per cent to 98.271 points amid thin trading conditions during the holiday-shortened week.
2d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Dec 22 (Bernama) -- Bursa Malaysia advanced on Monday, holding near a 15-month high as gains broadly mirrored mostly positive developments across regional markets, with year-end window dressing continuing to provide support.
2d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
5d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit strengthened to the 4.07 level against the US dollar at Friday’s close, its strongest in nearly six years, following softer-than-expected US inflation data.
5d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened higher on Friday, tracking gains across regional markets, as a stronger ringgit improved market sentiment amid a firmer overnight performance on Wall Street.
6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit closed marginally higher against the greenback on Thursday as market participants awaited the release of the US consumer price index (CPI) report later tonight.
6d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit opened higher at the 4.07 level against the US dollar, the best level seen in close to five years, despite a firmer US Dollar Index (DXY), as market participants continued to assess the US Federal Reserve’s (Fed) policy outlook.
7d ago
KUALA LUMPUR, Dec 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today on expectations of further interest-rate cuts by the Federal Reserve next year following strong US non-farm payrolls (NFP) data.
8d ago
KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia pared earlier losses to end the morning session higher, outperforming regional peers on the back of a stronger ringgit.
8d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.