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Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.
Wed Oct 09 2024
Ringgit opens stronger vs greenback amid hopes of US rate cuts

Ringgit opens stronger vs greenback amid hopes of US rate cuts

At the opening, the ringgit traded mostly lower against a basket of major currencies.
Tue Sep 17 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
PM elevates India ties to CSP, secures RM4.5 bln investment

PM elevates India ties to CSP, secures RM4.5 bln investment

Datuk Seri Anwar Ibrahim also supported increasing Malaysia-India trade exchanges using national currencies to bolster financial ties.
Thu Aug 22 2024
Ringgit likely appreciates further in 2H 2024 on US rate cut optimism - MIDF

Ringgit likely appreciates further in 2H 2024 on US rate cut optimism - MIDF

The bank said the return of foreign funds into emerging markets, is expected to bolster regional currencies, including the ringgit.
Fri Aug 02 2024
Ringgit sustains positive momentum versus US dollar ahead of US rate decision

Ringgit sustains positive momentum versus US dollar ahead of US rate decision

A boost in global market sentiment and strong domestic economic prospects have bolstered the local currency.
Wed Jul 31 2024
Ringgit continues to soar on potential rate cut in the US

Ringgit continues to soar on potential rate cut in the US

Domestically, the ringgit was mostly higher against a basket of major currencies.
Thu Jul 18 2024
Ringgit opens higher ahead of key US economic data

Ringgit opens higher ahead of key US economic data

Contrary to the ringgit's performance against the major currencies, the local note was stronger against its ASEAN peers.
Wed Jul 03 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 opens lower against US dollar, mostly higher versus other major currencies

Ringgit opens lower against US dollar, mostly higher versus other major currencies

The ringgit closed lower against the US dollar today, extending its downtrend from yesterday's closing due to higher demand for greenback.
Thu May 30 2024
Ringgit opens higher against US dollar, other major currencies

Ringgit opens higher against US dollar, other major currencies

The ringgit opened slightly higher on Tuesday, driven by mild demand for the domestic note and the weakening of the greenback.
Tue May 07 2024
Stocks sink, oil surges on reports of Middle East attacks

Stocks sink, oil surges on reports of Middle East attacks

Asian shares and bond yields sank while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East
Fri Apr 19 2024
Ringgit opens lower vs US dollar, stronger against other major currencies

Ringgit opens lower vs US dollar, stronger against other major currencies

The ringgit continued to open lower against the U.S. dollar amid higher-than-expected U.S. inflation data which suggested the Federal Reserve (Fed) might keep the interest rate steady.
Wed Feb 14 2024
Ringgit flat vs US dollar, stronger against other currencies at opening

Ringgit flat vs US dollar, stronger against other currencies at opening

The ringgit was traded almost flat at the opening against the US dollar today on lack of fresh buying interest amid low volatility due to the Thanksgiving holiday.
Fri Nov 24 2023
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

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

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 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 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

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 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

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

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