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July 21, 2022
KUALA LUMPUR, July 21 โ The ringgit extended its decline and opened easier today as the uncertain global markets weighed on investors' risk appetite for risky assets,...
July 12, 2022
KUALA LUMPUR, July 12 โ The ringgit retreated from last week's gain to open marginally lower against the US dollar today on lack of buying interest. At 9.30am, the...
May 31, 2022
KUALA LUMPUR, May 31 โ The ringgit opened lower against the US dollar on lack of buying support, despite a correction in the greenback index or DXY which fell further to...
May 6, 2022
KUALA LUMPUR, May 6 โ The ringgit was broadly lower against the US dollar in the early session today as risk-off sentiment would continue to dominate the local note direction. At 9.03am, the local note was pegged at 4.3635/3695 versus the greenback from yesterdayโs close of 4.3465/3515. Bank...
April 1, 2022
KUALA LUMPUR, April 1 โ The ringgit opened lower against the greenback this morning due to falling crude oil prices amid US President Joe Biden's administration's decision on a record-breaking release of crude oil reserves to tame prices, said an analyst. At 9am, the local currency was trading at...
March 29, 2022
KUALA LUMPUR, March 29 โ The ringgit opened lower against the US dollar today as the greenback strengthened further following the Bank of Japan's (BoJ) decision to buy 10-year Japanese Government Bonds (JGBs) from March 29 to 31. At 9.00am, the local currency was trading at 4.2200/2245 against...
March 4, 2022
KUALA LUMPUR, March 4 โ The ringgit opened lower against the US dollar today as the greenback's buying interest recovered, backed by the lower US weekly initial jobless claims data, an analysts said. At 9am, the local note was trading at 4.1900/1920 versus the greenback compared with 4.1870/1890...
March 2, 2022
KUALA LUMPUR, March 2 โ The ringgit retreated from two consecutive days of gains to open lower against the US dollar today, due to subdued demand as well as the rising geopolitical tensions, dealers said. At 9.00am, the local note stood at 4.1945/1980 versus the greenback from yesterdayโs close...
February 24, 2022
KUALA LUMPUR, Feb 24 โ The ringgit fell against the US dollar at the opening today, owing to global geopolitical tensions, but an economist believes that the ongoing Russia-Ukraine crisis will provide support for the local currency in the future. At 9am, the local currency fell to 4.1880/1905...
February 9, 2022
KUALA LUMPUR, Feb 9 โ The ringgit opened lower against the US dollar today as the greenback gained interest following the US Federal Reserve (Fed) rate hike narrative, an analyst said. At 9am, the local currency stood at 4.1840/1870 versus the greenback from yesterday's close of 4.1835/1865. Bank...