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Ringgit opens lower against US dollar | Money

KUALA LUMPUR, March 15 — The ringgit opened slightly weaker against the stronger US dollar after the latest strong economic data amidst rising inflationary pressures further suggests that the Federal Reserve (Fed) is on track to gradually remove the monetary policy accommodation. At...
Kuala Lumpur United Kingdom Shafwan Zaidon Mohd Afzanizam Abdul Rashid Mohd Afzanizam Bank Islam Malaysia Bhd

Risk off mode drags ringgit lower at opening | Money

KUALA LUMPUR, March 14 — The ringgit opened lower against the US dollar on Monday as risk off impulses hit demand for the local currency. At 9.01am, the local currency declined further to 4.1960/2000 versus the greenback from 4.1940/1975 at Friday’s close. Bank Islam Malaysia Bhd chief...
Kuala Lumpur United Kingdom Mohd Afzanizam Abdul Rashid Hari Anggara Bank Islam Malaysia Bhd Fund Rate

Ringgit opens lower amid renewed interest in US dollar | Money

KUALA LUMPUR, March 11— The ringgit traded lower against the US dollar in the early trading session today amid renewed buying interest for the greenback.  At 9.05am, the local note was trading at 4.1870/1905 versus the US dollar compared with 4.1860/1895 at Thursday’s...
Kuala Lumpur United Kingdom Stephen Innes Market Committee United State Federal Open Market Committee

Ringgit rebounds against US dollar on higher oil prices | Money

KUALA LUMPUR, March 3 — The ringgit rebounded against the US dollar this morning, buoyed by buying interest and supported by the firmer oil prices, analysts said. At 9am, the local note stood at 4.1890/1930 versus the greenback compared with 4.1935/1955 at Wednesday’s close....
Kuala Lumpur United Kingdom Hari Anggara Monetary Policy Committee Negara Malaysia Ringgit Opening

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Ringgit opens firmer against US dollar, supported by oil prices | Money

KUALA LUMPUR, Feb 28 — The ringgit extended its firmer position from last Friday to open better against the US dollar, supported by higher oil prices, analysts said. At 9.04am, the local note stood at 4.1985/2030 versus the greenback compared with 4.2005/2040 yesterday. An analyst said Brent...
Kuala Lumpur United Kingdom Hari Anggara Research Fund Flow Fund Flow Bursa Malaysia

Ringgit opens weaker against US dollar | Money

KUALA LUMPUR, Feb 21 — The ringgit opened lower against the US dollar today as the market awaits the latest development on Russia-Ukraine geopolitical tensions and ahead of a handful of speeches from US Federal Reserve policymakers, as well as data releases. At 9.06am, the local currency fell to...
Kuala Lumpur United States United Kingdom Michelle Bowman Hari Anggara American Bankers Association Conference For Community

Ringgit opens higher as commodity prices remain steady | Money

KUALA LUMPUR, Feb 18 — The ringgit recovered from yesterday’s losses to open higher against the US dollar today on steady commodity prices, said an analyst.  At 9am, the local currency appreciated to  4.1840/1865 versus the greenback from Thursday’s close of...
Kuala Lumpur United Kingdom Mohd Afzanizam Abdul Rashid Bank Islam Malaysia Bhd Market Committee Islam Malaysia Bhd

Ringgit opens lower on lack of buying interest | Money

KUALA LUMPUR, Feb 10 — The ringgit opened lower against the US dollar today on lack of buying interest ahead of Malaysia's fourth-quarter gross domestic product (GDP) data which is due to be released tomorrow, said an analyst.  At 9am, the local currency stood at...
Kuala Lumpur United States United Kingdom Mohd Afzanizam Abdul Rashid Bank Islam Malaysia Bhd Kuala Lumpur June

Ringgit opens higher despite weaker oil prices | Money

KUALA LUMPUR, Feb 8 ― The ringgit opened higher against the US dollar today on buying interest despite falling crude oil prices, said an analyst. At 9.00am, the local currency was traded at 4.1820/1860 versus the greenback from Monday’s close of 4.1835/1850.  At press time, Brent crude oil...
Kuala Lumpur United Kingdom Mohd Afzanizam Abdul Rashid Mohd Afzanizam Bank Islam Malaysia Bhd Islam Malaysia Bhd

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