Ringgit advances as domestic optimism offsets US rate concerns
Dr Mohd Afzanizam Abdul Rashid said Malaysia's third-quarter economic data indicated the economy was on track for stronger growth this year.
Mon Nov 18 2024
Ringgit rebounds, opens higher against weakening greenback
Dr Mohd Afzanizam Abdul Rashid said the ringgit is likely to trade sideways as markets prepare for a busy week.
Mon Nov 04 2024
Ringgit rebounds, opens slightly higher against US dollar
Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft against the US dollar, driven by external events.
Tue Oct 29 2024
Ringgit opens slightly higher against US dollar
Dr Mohd Afzanizam Abdul Rashid said the US presidential election next week will be high on the agenda.
Mon Oct 28 2024
Ringgit rises against US dollar on Budget 2025 outlook
Dr Mohd Afzanizam Abdul Rashid said attention on Friday's budget announcement would drive market sentiment this week.
Mon Oct 14 2024
Ringgit opens higher against US dollar on firmer oil prices
Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.
Tue Oct 08 2024
BNM unlikely to follow US Fed rate cut, eyes domestic and global conditions
Dr. Mohd Afzanizam said Malaysia's open economy is highly sensitive to external factors like international trade and capital flows.
Thu Sep 19 2024
Ringgit breaches 4.30 level against US dollar, hits 20-month high
The market appears to be expecting a Fed rate cut of between 25 and 50 basis points, says Dr Mohd Afzanizam Abdul Rashid.
Fri Sep 13 2024
Ringgit opens higher against weakening US dollar
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) slipped 0.31 per cent to 101.366.
Fri Sep 13 2024
BNM to maintain OPR at 3.00 pct through year-end and 2025 - Economists
Dr Mohd Afzanizam Abdul Rashid said the OPR is deemed to be supportive of Malaysia's economic growth and positive for the ringgit.
Thu Sep 05 2024
Ringgit opens slightly higher against US dollar
Dr Mohd Afzanizam Abdul Rashid said the US equities market fell quite significantly.
Wed Sep 04 2024
Ringgit easier against US dollar but higher versus other major currencies in early trade
Dr Mohd Afzanizam Abdul Rashid said the ringgit should stay positive today as the Fed is on track to reduce its interest rates this month.
Mon Sep 02 2024
Nasi lemak - A multi-ethnic palate pleaser and money earner for micro-entrepreneurs
Dr Mohd Afzanizam Abdul Rashid describes nasi lemak as having wide-ranging economic spinoffs.
Sat Aug 31 2024
Ringgit extends rally against US dollar, taking cue from Bursa Malaysia gains
Foreign investors' strong interest in Malaysia's capital markets has boosted demand for the ringgit, said Dr. Mohd Afzanizam.
Wed Aug 28 2024
Ringgit resumes uptrend to open higher against US dollar
Dr Mohd Afzanizam Abdul Rashid said ringgit's performance has been quite sanguine amidst the anticipation of a better GDP data for 2Q 2024.
Wed Aug 14 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024