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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
Zayn Malik postpones US tour dates after One Direction bandmate Liam Payne's death

Zayn Malik postpones US tour dates after One Direction bandmate Liam Payne's death

Payne, 31, died on Wednesday after falling from a third-floor hotel room balcony in Buenos Aires, shocking fans of the boy band.
Sun Oct 20 2024
Why voters in a handful of swing states will decide the US presidential election

Why voters in a handful of swing states will decide the US presidential election

The contest will almost certainly be decided by just tens of thousands of voters a tiny fraction of the populace in a handful of states.
Sun Oct 20 2024
INSIGHT - Sudan's war risks 'lost generation' of children

INSIGHT - Sudan's war risks 'lost generation' of children

A devastating crisis is unfolding in Sudan, where the most vulnerable members of society children are bearing the brunt of the violence.
Sun Oct 20 2024
Former special forces commander Prabowo to take up Indonesian presidency

Former special forces commander Prabowo to take up Indonesian presidency

Indonesia's Prabowo Subianto will take over as president of the world's third-largest democracy after sweeping the country's election with policies like free meals for school children
Sat Oct 19 2024
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Trump says he would impose tariffs on China if China went into Taiwan

Trump says he would impose tariffs on China if China went into Taiwan

Republican presidential candidate Donald Trump said he would impose additional tariffs on China if China were to "go into Taiwan,"
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024