Ringgit Set To Remain Stable At 3.95 Level Against US Dollar Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, March 21 (Bernama) -- The ringgit is expected to remain stable next week, trading at around the 3.95 level against the US dollar amid the festive period.

IMF Warns Prolonged Energy Price Surge Could Lift Inflation

ISTANBUL, March 20 (Bernama-Anadolu) -- The International Monetary Fund (IMF) said Thursday that a sustained rise in energy prices stemming from the war in West Asia could push global inflation higher and weigh on economic output.

Ringgit Eases Against Greenback After US Fed Keeps Interest Rates Unchanged

By Danni Haizal Danial Donald

KUALA LUMPUR, March 19 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close following the United States Federal Reserve’s (Fed) decision to keep interest rates unchanged, providing support to the greenback.

Ringgit Up Against Major Currencies, Softens Vs Greenback At Open

KUALA LUMPUR, March 19 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar this morning as cautious global sentiment continued to weigh on emerging market currencies.

Ringgit Extends Gains Against Greenback Amid Softer Oil Prices

KUALA LUMPUR, March 18 (Bernama) -- The ringgit made further gains today, closing slightly higher against the US dollar amid softer crude oil prices following strategic petroleum reserve (SPR) releases.

Ringgit Firms Against US Dollar, May See Further Gains

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 18 (Bernama) -- The ringgit traded firmer against the US dollar this morning amid cautious investor positioning ahead of the United States (US) Federal Reserve’s (Fed) policy decision and improving risk appetite.

CPO Futures Close Lower On Weaker Soybean Oil, Stronger Ringgit

KUALA LUMPUR, March 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, following a sharp selldown in the Chicago Board of Trade's (CBOT) soybean oil market.

Ringgit Closes Higher As Tension In Strait Of Hormuz Eases

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing higher against the US dollar as news of some ships being allowed safe passage through the Strait of Hormuz eased demand for safe haven assets and lifted regional currencies.

Funds May Favour Commodity Exporters Like Malaysia Amid West Asia Uncertainties - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.

Ringgit Opens Firmer Versus US Dollar On Improved Sentiment

KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by improved global sentiment as market participants reacted positively to developments in the oil market.

Ringgit Ends Higher Against US Dollar, Other Major Currencies Amid Stable Regional Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand. 

Gold Futures Close Softer Ahead Of Fed Meeting

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday as traders appeared to be cautious ahead that the United States Federal Reserve (Fed) may take a more hawkish stance at its meeting this week.