KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit rebounded against the US dollar at Friday’s open as persistent uncertainties in the United States continued to weigh on the greenback, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said.
By K. Naveen Prabu
KUALA LUMPUR, Jan 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today on expectations of stronger export demand in the coming weeks, a dealer said.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit closed lower against the US dollar today following the United States Federal Reserve’s decision to keep interest rates unchanged, which supported the greenback.
By K. Naveen Prabu
KUALA LUMPUR, Jan 29 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by an uptrend in the regional rubber futures market, said a dealer.
KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia opened lower on Thursday as investors booked profits from recent gains and assessed the impact of the US Federal Reserve (Fed) decision to keep interest rates unchanged.
KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit opened marginally firmer against the US dollar on Thursday, supported by confidence in Malaysia’s economic growth and solid domestic fundamentals, as investors digested the US Federal Reserve (Fed)’s decision to keep interest rates unchanged.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit ended at another fresh high in more than seven years against the US dollar today, reaching the 3.95 level, with an economist setting a new support level for the local currency at RM3.8722.
KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit opened near a five-year high against the US dollar on Friday after Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) kept the Overnight Policy Rate (OPR) at 2.75 per cent.
KUALA LUMPUR, Jan 16 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on India’s non-life insurance segment at stable, citing supportive macroeconomic conditions and sustained insurance demand driven by regulatory initiatives and reforms.
KUALA LUMPUR, Jan 15 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) projects the FBM KLCI to reach 1,730 by end-2026 under its base-case scenario, while its bull-case scenario sees the benchmark index rising to 1,850.
KUALA LUMPUR, Jan 12 (Bernama) -- The ringgit opened marginally lower on Monday versus the greenback, pressured by a firmer US Dollar Index (DXY) as markets repriced United States monetary policy following softer jobs data, an economist said.
By Zufazlin Baharuddin and K.Naveen Prabu
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday but higher against major currencies as investors stayed cautious ahead of a busy week of US labour-market data.
