Ringgit rises against US dollar on Budget 2025 outlook
Dr Mohd Afzanizam Abdul Rashid said attention on Friday's budget announcement would drive market sentiment this week.
Mon Oct 14 2024
Ringgit opens higher against US dollar on firmer oil prices
Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.
Tue Oct 08 2024
Ringgit breaches 4.30 level against US dollar, hits 20-month high
The market appears to be expecting a Fed rate cut of between 25 and 50 basis points, says Dr Mohd Afzanizam Abdul Rashid.
Fri Sep 13 2024
Ringgit opens higher against weakening US dollar
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) slipped 0.31 per cent to 101.366.
Fri Sep 13 2024
BNM to maintain OPR at 3.00 pct through year-end and 2025 - Economists
Dr Mohd Afzanizam Abdul Rashid said the OPR is deemed to be supportive of Malaysia's economic growth and positive for the ringgit.
Thu Sep 05 2024
Ringgit opens slightly higher against US dollar
Dr Mohd Afzanizam Abdul Rashid said the US equities market fell quite significantly.
Wed Sep 04 2024
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
Nasi lemak - A multi-ethnic palate pleaser and money earner for micro-entrepreneurs
Dr Mohd Afzanizam Abdul Rashid describes nasi lemak as having wide-ranging economic spinoffs.
Sat Aug 31 2024
Ringgit resumes uptrend to open higher against US dollar
Dr Mohd Afzanizam Abdul Rashid said ringgit's performance has been quite sanguine amidst the anticipation of a better GDP data for 2Q 2024.
Wed Aug 14 2024
Positive sentiment pushes ringgit to strengthen vs greenback at the opening
Dr Mohd Afzanizam Abdul Rashid said the USD/MYR would linger near its immediate support level of RM4.40 today.
Mon Aug 12 2024
Ringgit on non-stop rally for 11 straight days vs US dollar
Dr Mohd Afzanizam Abdul Rashid believes the ringgit versus US dollar is on track to move towards its current support level of RM4.40.
Mon Aug 05 2024
Ringgit softer versus US dollar in early trade on profit-taking
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the local note is overbought following last week's gain.
Mon Jul 15 2024
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
Navigating the dynamics of business boycotts
Dr Mohd Afzanizam Abdul Rashid said the proliferation of boycotts highlighted significant role consumers can play in influencing the market.
Mon Jun 10 2024
Ringgit easier vs US dollar amid expectations of tight US monetary policy
A chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to move in a narrow range today.
Mon May 13 2024
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?
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
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
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024