currencies

The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.

At the opening, the ringgit traded mostly lower against a basket of major currencies.

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.

Datuk Seri Anwar Ibrahim also supported increasing Malaysia-India trade exchanges using national currencies to bolster financial ties.

The bank said the return of foreign funds into emerging markets, is expected to bolster regional currencies, including the ringgit.

A boost in global market sentiment and strong domestic economic prospects have bolstered the local currency.

Domestically, the ringgit was mostly higher against a basket of major currencies.

Contrary to the ringgit's performance against the major currencies, the local note was stronger against its ASEAN peers.

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 closed lower against the US dollar today, extending its downtrend from yesterday's closing due to higher demand for greenback.

The ringgit opened slightly higher on Tuesday, driven by mild demand for the domestic note and the weakening of the greenback.

Asian shares and bond yields sank while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East

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.

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.

The draft finance deal criticised by both developed and developing nations.

This was following the discovery of a suspected prohibited item in luggage.

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.

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.

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.