Article Related To rate-cut

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

The ringgit opened almost flat and is expected to retain its bullish trend as the US Fed rate cut last week signalled a soft landing for the US economic growth

Datuk Seri Abdul Rasheed said Malaysia's positive economic outlook and structural reforms are also propelling the ringgit's rise.

Dr. Mohd Afzanizam said Malaysia's open economy is highly sensitive to external factors like international trade and capital flows.

Turnover eased to 2.30 billion units worth RM2.75 billion from Tuesday's 3.19 billion units worth RM3.35 billion.

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

The market appears to be expecting a Fed rate cut of between 25 and 50 basis points, says Dr Mohd Afzanizam Abdul Rashid.

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

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

The ringgit extended its gains to open firmer against the US dollar on Friday, driven by the growing prospect of an interest rate cut.

The move augurs well for the economy as well as the financial sector which has put forward the request for sometime now.

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.