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 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 opens higher against US dollar
At 9.18 am, the local currency rose to 4.4550/4600 versus the greenback from Tuesday's close of 4.4570/4585
Wed Jul 27 2022
Ringgit opens lower against US dollar
At 9.05 am, the local currency eased to 4.1540/1570 versus the greenback from 4.1530/1560 at yesterday's close.
Thu Oct 28 2021
Ringgit lower at opening, as rising US treasury yields strengthen US dollar
At 9 am, the local currency slipped to 4.0750/0780 against the US dollar from 4.0720/0760 at Friday's close.
Mon Mar 08 2021
Ringgit rebounds against US dollar in early trade
At 9.00 am, the local currency strengthened to 4.0390/0420 against the US dollar from Tuesday's close of 4.0420/0450.
Wed Feb 24 2021
Ringgit opens slightly better against US Dollar
At 9.15 am, the local currency traded at 4.0400/0450 against the greenback from yesterday's close of 4.0470/0500.
Wed Jan 27 2021
Ringgit opens lower against greenback
The ringgit opened lower against the US dollar today on low demand for the local currency versus the greenback, a dealer said.
Tue Feb 07 2017
Malaysia, Thailand, Indonesia sign MoUs on local currency settlement framework
Bank Indonesia, Bank Negara Malaysia, and the Bank of Thailand Friday concluded the signing of two bilateral Memoranda of Understanding (MoUs) on using local currencies for trade.
Sat Dec 24 2016
S&P affirms Malaysia's 'A-/A-2' foreign currency, 'A/A-1' local currency ratings
S&P said the outlook on the long-term rating remained stable.
Mon Nov 07 2016
Fitch maintains 'A-' rating for Malaysia
Fitch Ratings has affirmed Malaysia's long-term foreign- and local-currency issuer default ratings at 'A-' with stable outlook.
Fri Aug 19 2016
Fitch downgrades Malaysia's Petronas to A-, outlook stable
Fitch Ratings has downgraded Malaysia-based Petroliam Nasional Bhd (Petronas)'s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to "A-" from "A".
Wed Jul 27 2016
S&P affirms Malaysia's foreign and local currency ratings
Standard & Poor also affirmed the 'axAAA/axA-1' ASEAN regional scale rating on Malaysia.
Mon Mar 28 2016
BNM-BOT announces Local Currency Settlement Framework for trade
BNM and BOT announced the operationalisation of a local currency settlement framework as part of a continuou efforts to promote the use of ringgit and baht for settlement of trade.
Mon Mar 14 2016
Fitch Ratings affirms Malaysia at A-, stable outlook
Fitch Ratings has affirmed Malaysia's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'A-' and 'A' respectively with Stable Outlooks.
Tue Feb 23 2016
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
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
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