against US dollar

Dr Mohd Afzanizam Abdul Rashid says that US President-elect Donald Trump's cabinet selections are drawing significant attention.

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft against the US dollar, driven by external events.

Dr Mohd Afzanizam Abdul Rashid said the US presidential election next week will be high on the agenda.

The ringgit traded higher against the US Dollar in today's early session, driven by continued buying interest towards the local currency.

Dr Mohd Afzanizam Abdul Rashid said attention on Friday's budget announcement would drive market sentiment this week.

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.

The market appears to be expecting a Fed rate cut of between 25 and 50 basis points, says Dr Mohd Afzanizam Abdul Rashid.

Dr Mohd Afzanizam Abdul Rashid said the US equities market fell quite significantly.

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.

Foreign investors' strong interest in Malaysia's capital markets has boosted demand for the ringgit, said Dr. Mohd Afzanizam.

Dr Mohd Afzanizam Abdul Rashid said ringgit's performance has been quite sanguine amidst the anticipation of a better GDP data for 2Q 2024.

The ringgit continued its uptrend today, closing at a near 11-month high of RM4.58 against the US dollar.

The ringgit would maintain its tight range against the greenback at around RM4.71 today, said Dr Mohd Afzanizam Abdul Rashid.

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.

The ringgit was mostly higher against its ASEAN peers but depreciated vis-a-vis the Singapore dollar.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

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.

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

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

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.