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February 20, 2024
KUALA LUMPUR: The ringgit traded higher against major currencies but was marginally lower against the US dollar at the opening today on a cautious tone ahead of the US Federal Open Market Committee (FOMC) meeting minutes’ publication this week, said an economist.
February 20, 2024
BRUSSELS — The European Union on Monday formally launched a bespoke naval mission to protect commercial vessels in the Red Sea from attacks by Houthi rebels.Mission ‘Aspides’ — Greek for shield...
February 20, 2024
PETALING JAYA: The ringgit has fallen against most Asean currencies, and not just the US dollar, in the past five years as Bank Negara and successive governments struggled to solve long-term structural issues hammering the ringgit.
February 20, 2024
KUALA LUMPUR: The People’s Bank of China (PBOC) unexpectedly cutting its key borrowing rate more than what the market anticipated drove major regional currencies, including the ringgit, to trade lower against the US Dollar, mirroring the trend of the Chinese renminbi.
February 20, 2024
KUALA LUMPUR: The recent performance of the ringgit, like other regional currencies, are impacted by external factors such as market adjustments to shifting US interest rate expectations, geopolitical concerns, and uncertainties surrounding China's economic outlook, according to Bank Negara.
February 19, 2024
SINGAPORE, Feb 19 — The dollar was steady today after data last week showing US inflation remained sticky cast doubts on when the Federal Reserve would start its easing cycle,...
February 19, 2024
KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today despite higher inflation data in the United States (US), said an analyst.
February 19, 2024
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February 19, 2024
KUALA LUMPUR: The ringgit ended lower against the US dollar on Monday on lack of buying demand, amid cautious trading ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes this week, said an economist.
February 19, 2024
RIYADH: Saudi Arabia’s Deputy Minister for Political Affairs Saud Al-Sati on Monday met with Pakistan’s Ambassador to the Kingdom Ahmed Farooq, the ministry reported on X. During the meeting, they discussed their two nations’ relations and topics of common interest. In a separate meeting in the capital, Riyadh Gov. Prince Faisal bin Bandar held talks with Ambassador of Syria to...