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March 31, 2022
KUALA LUMPUR, March 31 ― The ringgit has extended its upward momentum against the greenback, as the US dollar retreated amidst concerns over the United States' (US) gross domestic product (GDP) data which revealed a lower-than-expected reading, said an analyst. At 9am, the local currency...
March 23, 2022
KUALA LUMPUR, March 23 ― The ringgit rebounded to open higher versus the US dollar today, as the greenback retreated amid improvement in the equity market, an analyst said. At 9.00am, the local currency was trading at 4.2110/2155 against the greenback from 4.2160/2190 at yesterday’s close. Bank...
March 1, 2022
KUALA LUMPUR, March 1 ― The ringgit remained strong against the US dollar, supported by higher oil prices amid worries over the crisis in Eastern Europe, analysts said. At 9.00am, the local note stood at 4.1930/1965 versus the greenback from yesterday’s close of 4.1970/2015 yesterday. Brent...
February 23, 2022
KUALA LUMPUR, Feb 23 ― The ringgit strengthened against the US dollar at the opening today, as geopolitical tensions between Russia and Ukraine escalate, indicating that the current situation is highly vulnerable, adding to the extent of uncertainty in the foreign exchange market and commodities...
February 17, 2022
KUALA LUMPUR, Feb 17 ― The ringgit remained strong against the US dollar for the third consecutive day today as the greenback continued to weaken despite the bullish United States (US) retail data, an analyst said. At 9am, the local currency appreciated to 4.1825/1850 versus the greenback from...
February 4, 2022
KUALA LUMPUR, Feb 4 ― The ringgit opened slightly higher against the US dollar today, tracking higher crude oil prices. At 9.11am, the local note appreciated to 4.1800/1835 versus the greenback from 4.1835/1850 at yesterday’s close. At the time of writing, Brent crude advanced 0.18 per cent to...
January 25, 2022
KUALA LUMPUR, Jan 25 ― The ringgit opened marginally higher against the US dollar today as the mixed signals from the United States (US) equities market resulted in volatile movement overnight, an analyst said. At 9am, the local note rose to 4.1860/1890 versus the greenback from 4.1870/1905 at...
January 20, 2022
KUALA LUMPUR, Jan 20 ― The ringgit rebounded to open higher versus the US dollar today, as the greenback retreated amid risk-on mode in the equity market, an analyst said. At 9.05am, the local currency was trading at 4.1855/1880 against the US dollar compared with 4.1925/1950 at yesterday’s...
January 11, 2022
KUALA LUMPUR, Jan 11 ― The ringgit opened higher against the US dollar today, driven by better-than-expected economic data released by the Department of Statistics Malaysia (DoSM), a dealer said. At 9.03am, the local currency was trading at 4.1955/2005 against the greenback compared with...
December 31, 2021
KUALA LUMPUR, Dec 31 ― The ringgit continued to strengthen against the US dollar at the opening on the final trading day of 2021, although the greenback gained better demand in line with the US Dollar Index (DXY), which rose 0.06 per cent to 95.989 points, an analyst said. At 9am, the local note...