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ringgit

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Ringgit extends uptrend against greenback in early trade

Ringgit extends uptrend against greenback in early trade

At 8 am, the local currency climbed to 4.4600/4700 against the greenback.
Fri Nov 22 2024
Ringgit advances as domestic optimism offsets US rate concerns

Ringgit advances as domestic optimism offsets US rate concerns

Dr Mohd Afzanizam Abdul Rashid said Malaysia's third-quarter economic data indicated the economy was on track for stronger growth this year.
Mon Nov 18 2024
Ringgit weakens versus US dollar as global uncertainties intensify

Ringgit weakens versus US dollar as global uncertainties intensify

Dr Mohd Afzanizam says, the ringgit is already oversold, indicating that its downside risks are limited.
Mon Nov 11 2024
Ringgit opens higher despite stronger US dollar on Trump's return to presidency

Ringgit opens higher despite stronger US dollar on Trump's return to presidency

President-elect Trump is expected to favour populist measures which could drive higher domestic demand and corporate earnings growth.
Thu Nov 07 2024
FBM KLCI rises in opening trade ahead of OPR, US election results

FBM KLCI rises in opening trade ahead of OPR, US election results

The FTSE Bursa Malaysia KLCI advanced 4.01 points to 1,624.71.
Wed Nov 06 2024
Ringgit rebounds, opens higher against weakening greenback

Ringgit rebounds, opens higher against weakening greenback

Dr Mohd Afzanizam Abdul Rashid said the ringgit is likely to trade sideways as markets prepare for a busy week.
Mon Nov 04 2024
Ringgit rebounds, opens slightly higher against US dollar

Ringgit rebounds, opens slightly higher against US dollar

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft against the US dollar, driven by external events.
Tue Oct 29 2024
Ringgit opens slightly higher against US dollar

Ringgit opens slightly higher against US dollar

Dr Mohd Afzanizam Abdul Rashid said the US presidential election next week will be high on the agenda.
Mon Oct 28 2024
Ringgit extends positive momentum to open higher against US dollar

Ringgit extends positive momentum to open higher against US dollar

The ringgit traded higher against the US Dollar in today's early session, driven by continued buying interest towards the local currency.
Mon Oct 21 2024
Ringgit opens marginally higher vs US dollar, traders await Budget 2025

Ringgit opens marginally higher vs US dollar, traders await Budget 2025

Dr. Mohd Afzanizam says Budget 2025, set for tabling today, is key, with traders likely focusing on next years fiscal deficit targets.
Fri Oct 18 2024
Budget 2025: Any minimum wage increase unlikely to exert significant inflationary pressure - Economist

Budget 2025: Any minimum wage increase unlikely to exert significant inflationary pressure - Economist

Key factors in determining the minimum wage include the poverty line income, productivity growth, and the consumer price index.
Thu Oct 17 2024
Ringgit rises against US dollar on Budget 2025 outlook

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 strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

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
OPR likely to be unchanged; Ringgit forecast at 4.25 vs USD year-end - Kenanga

OPR likely to be unchanged; Ringgit forecast at 4.25 vs USD year-end - Kenanga

Fiscal policy shifts and external risks, such as geopolitical tensions, could still influence the central bank's stance, says Kenanga.
Tue Oct 08 2024
Ringgit opens higher against US dollar on firmer oil prices

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
Team Malaysia Junior and Senior Teams shine at ICU World Cup Korea

Team Malaysia Junior and Senior Teams shine at ICU World Cup Korea

Team Malaysia celebrated remarkable achievements at the ICU World Cup in Korea, with the Junior Team clinching first place and the Senior Team earning a well-deserved second place.
Sun Nov 24 2024
What parents need to know about adolescent health and vaping

What parents need to know about adolescent health and vaping

Nicotine is an incredibly addictive drug that produces feelings of pleasure and relaxation within seconds of inhaling a vape.
Sun Nov 24 2024
Desperate for cash, Gazans sell clothes plucked from rubble

Desperate for cash, Gazans sell clothes plucked from rubble

Widespread shortages and months of grinding war have generated a trade in old clothing, mostly salvaged from homes of people who have died.
Sun Nov 24 2024
Chile's 'seed guardians' grow and protect forgotten food varieties

Chile's 'seed guardians' grow and protect forgotten food varieties

The guardians collect, trade and plant hundreds of seeds to preserve forgotten varieties of tomatoes, corn and other vegetables.
Sun Nov 24 2024
Saying 'no' to mobile phone use while driving

Saying 'no' to mobile phone use while driving

Mobile phones have become indispensable, yet their impact on road safety remains insufficiently examined.
Sun Nov 24 2024
How ASEAN's cybersecurity push could protect people and economies

How ASEAN's cybersecurity push could protect people and economies

ASEAN is stepping up to create a more secure regional cyberspace.
Sun Nov 24 2024
How lab-grown meat can feed our need for protein

How lab-grown meat can feed our need for protein

Putting meat on people's plates is a significant contributor to global warming.
Sun Nov 24 2024
Developing nations blast $300 billion COP29 climate deal as insufficient

Developing nations blast $300 billion COP29 climate deal as insufficient

Some delegates gave the deal a standing ovation in the COP29 plenary hall. Others lambasted wealthy nations for not doing more.
Sun Nov 24 2024
Johor's four-and-a-half-day work week depends on state govt's rationale - Azalina

Johor's four-and-a-half-day work week depends on state govt's rationale - Azalina

She said the state government must have valid reasons for the proposal but declined to elaborate further.
Sun Nov 24 2024
Gunman shot dead, 3 police injured in shooting near Israeli embassy in Jordan

Gunman shot dead, 3 police injured in shooting near Israeli embassy in Jordan

The kingdom has witnessed some of the biggest peaceful rallies across the region as anti-Israel sentiment runs high over the war in Gaza.
Sun Nov 24 2024