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Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Dr Mohd Afzanizam Abdul Rashid says that US President-elect Donald Trump's cabinet selections are drawing significant attention.
Mon Nov 25 2024
Ringgit rebounds, opens slightly higher against US dollar

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

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 extends positive momentum to open higher against US dollar

Ringgit extends positive momentum to open higher against US dollar

The ringgit traded higher against the US Dollar in today's early session, driven by continued buying interest towards the local currency.
Mon Oct 21 2024
Ringgit rises against US dollar on Budget 2025 outlook

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

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
Ringgit breaches 4.30 level against US dollar, hits 20-month high

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 slightly higher against US dollar

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

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
Ringgit extends rally against US dollar, taking cue from Bursa Malaysia gains

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

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
Ringgit rises to near 11-month high against US dollar

Ringgit rises to near 11-month high against US dollar

The ringgit continued its uptrend today, closing at a near 11-month high of RM4.58 against the US dollar.
Wed Jul 31 2024
Ringgit opens easier against US dollar but firmer vs other major currencies

Ringgit opens easier against US dollar but firmer vs other major currencies

The ringgit would maintain its tight range against the greenback at around RM4.71 today, said Dr Mohd Afzanizam Abdul Rashid.
Tue Jul 02 2024
Ringgit opens higher against US Dollar

Ringgit opens higher against US Dollar

The ringgit opened higher against the US dollar today as cautious global economic sentiment prompted some investors to shift towards emerging currencies, including the ringgit, a dealer said.
Tue Jun 25 2024
Ringgit continues its upward momentum to open higher against US dollar

Ringgit continues its upward momentum to open higher against US dollar

The ringgit was mostly higher against its ASEAN peers but depreciated vis-a-vis the Singapore dollar.
Wed Jun 05 2024
UN says Taliban detained journalists over 250 times in Afghanistan since takeover

UN says Taliban detained journalists over 250 times in Afghanistan since takeover

The Taliban-led foreign ministry denies having arrested that number of journalists and added that those arrested had committed a crime.
Wed Nov 27 2024
TikTok becoming app of choice for criminals promoting investment scams - Police

TikTok becoming app of choice for criminals promoting investment scams - Police

Many users continue to be tricked and scammed even though police have repeatedly issued warnings about scams proliferating on social media.
Wed Nov 27 2024
MOE’s mental health screening identifies students with emotional challenges

MOE’s mental health screening identifies students with emotional challenges

Deputy Minister of Education says, those identified with severe emotional issues undergo screening twice a year.
Wed Nov 27 2024
Israel, Hezbollah agree to ceasefire brokered by US and France, to take effect Wednesday

Israel, Hezbollah agree to ceasefire brokered by US and France, to take effect Wednesday

Israel will gradually withdraw its forces over 60 days as Lebanon's army takes control of territory near its border with Israel to ensure that Hezbollah does not rebuild its infrastructure there.
Wed Nov 27 2024
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024