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Ringgit breaches 4.30 level against US dollar, hits 20-month high

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 ends on weaker note against US dollar ahead of state elections

Ringgit ends on weaker note against US dollar ahead of state elections

The greenback was also supported by higher US 10-year Treasury yields after the release of US inflation data yesterday, an analyst said.
Fri Aug 11 2023
Ringgit extends gains against greenback on expectation of slower US interest rate hike pace

Ringgit extends gains against greenback on expectation of slower US interest rate hike pace

The ringgit continued its positive momentum this morning to open slightly higher against the greenback on the expectation of a US Federal Reserve downshift to a 25 basis points interest rate hike.
Mon Jan 16 2023
Positive sentiment boosts Ringgit on first trading day of 2023

Positive sentiment boosts Ringgit on first trading day of 2023

Stephen Innes said the local note rallied this morning as buying flows on China's reopening continued to help Asia foreign exchange.
Tue Jan 03 2023
Ringgit opens slightly higher vs US dollar amid risk-on mode

Ringgit opens slightly higher vs US dollar amid risk-on mode

Stephen Innes said the ringgit is expected to trade more favourably to the more risk-friendly environment.
Fri Dec 09 2022
Ringgit opens higher against US Dollar

Ringgit opens higher against US Dollar

At 9 am, the local note stood at 4.3915/3995 against the US dollar from 4.3950/4000 at Wednesday's close.
Thu Dec 08 2022
Ringgit opens lower against US dollar amid strong us economic data

Ringgit opens lower against US dollar amid strong us economic data

Stephen Innes said the unexpectedly strong US economic data had triggered a minor reversal of sorts in broader US dollar sentiment.
Tue Dec 06 2022
Ringgit opens almost flat vs US dollar

Ringgit opens almost flat vs US dollar

At 9 am, the local note rose to 4.5050/5100 against the US dollar from yesterday's close of 4.5060/5130.
Wed Nov 30 2022
Ringgit extends gains against greenback

Ringgit extends gains against greenback

At 9 am, the local note further strengthened to 4.4760/4810 against the greenback from Thursday's close of 4.4910/5000.
Fri Nov 25 2022
Ringgit appreciates vs US dollar in early trade

Ringgit appreciates vs US dollar in early trade

Stephen Innes said the steadier crude oil prices earlier this week have also provided support for the local note.
Thu Nov 24 2022
Ringgit opens marginally higher versus greenback

Ringgit opens marginally higher versus greenback

Innes said the ringgit was expected to trade weaker today as China's reopening play got dumped, coupled with the risk from the GE15.
Tue Nov 22 2022
Bursa Malaysia set to see cautious trading next week post-general election

Bursa Malaysia set to see cautious trading next week post-general election

Rakuten's Thong says the short-term direction of the FBM KLCI would depend largely on the stability of the local political landscape.
Sat Nov 19 2022
A mammoth task to maintain economic momentum awaits post-GE15

A mammoth task to maintain economic momentum awaits post-GE15

Malaysia's new govt faces a huge task of strengthening recovery, maintaining economic momentum and stabilising the political environment.
Thu Nov 17 2022
Ringgit opens marginally higher versus US dollar on China's reopening theme

Ringgit opens marginally higher versus US dollar on China's reopening theme

The ringgit is expected to trade a tad more defensively today on the back of hawkish Federal Reserve speak overnight.
Tue Nov 15 2022
Ringgit retreats against US dollar on technical correction

Ringgit retreats against US dollar on technical correction

The local note eased marginally to 4.7100/7150 against the US dollar from Wednesday's close of 4.6885/6950.
Thu Nov 10 2022
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

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.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024