downtrend

Datuk Armizan Mohd Ali said the downtrend is based on comparison during the 20 days before and after implementing targeted diesel subsidy.

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

The ringgit continued to remain on a downtrend against the US dollar in the early session today due to the prevailing risk-off mode.

Mohd Afzanizam said as for Malaysia, the inflation rate continued to be sustained at 2.2 per cent for two consecutive months in March 2022.

At 9 am, the local note weakened to 4.2130/2160 versus the greenback from 4.2095/2135 at yesterday's close.

The number of daily COVID-19 cases in Malaysia today continued to record a decrease with 5,434 new cases reported as of noon compared to 6,145 yesterday.

At 9 am, the local note was traded at 4.4290/4330 against the greenback from Wednesday's close of 4.4250/4300.

There is still no need to peg the ringgit to the US dollar currently despite the continued downtrend of the local unit, says Bank Negara Malaysia (BNM) Governor Tan Sri Dr Zeti Akhtar Aziz.

The Ringgit, on a downtrend of late, took a breather today with a mild rebound against the US dollar in the early session, dealers said.

The ringgit is expected to be on a downtrend next week against the US dollar as investors gained confidence in the greenback.

Used car dealers are being more selective in buying trade-ins, selecting only brands and models that can be sold off quickly.

If the downtrend in global oil prices continues over the next 10 days to come, RON95 and diesel can be fixed at below RM2 a litre.

The government has two choices to implement if the global crude oil price continues to show a downtrend.

Malaysian stocks may be on a downtrend over the next few months, as foreign investors take profit and began to exit the market.

Ringgit continues to extend last week's downtrend due to mild buying support for the local currency.

The Taliban-led foreign ministry denies having arrested that number of journalists and added that those arrested had committed a crime.

Many users continue to be tricked and scammed even though police have repeatedly issued warnings about scams proliferating on social media.

Deputy Minister of Education says, those identified with severe emotional issues undergo screening twice a year.

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.

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.