Page 10 - Ringgit Vs Usd News Today

KUALA LUMPUR, April 2 — The ringgit is expected to continue to trade in a volatile mode next week, as mixed signals from global economic developments are expected to keep more investors on the sidelines, an analyst said. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the...

KUALA LUMPUR, March 26 — The ringgit is expected to trade on the upside bias moving between RM4.19 and RM4.20 next week, amid better risk appetite and fairly positive domestic economic data and outlook, an analyst said. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the...

KUALA LUMPUR, March 18 — The ringgit opened flat versus the US dollar on Friday despite oil prices surging amidst Russian supply concerns.  At 9.20am, the local currency was unchanged at 4.1945/1980 versus the greenback from Thursday’s close. Bank Islam Malaysia Bhd chief...

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, Jan 15 — The ringgit is likely to trend higher next week in the range of RM4.16 to RM4.17, with the market adopting a cautious stance prior to Bank Negara Malaysia’s (BNM) economic assessment on Thursday. Bank Islam Bhd chief economist Mohd Afzanizam Abdul Rashid said all eyes...

KUALA LUMPUR, Nov 20 — The ringgit is likely to continue its decline against the US dollar next week amid the absence of local market catalyst and the strengthening greenback. Hong Leong Research expects the US dollar’s upward trajectory to extend for another week amid...

KUALA LUMPUR, Oct 20 — The ringgit opened higher against the US dollar today with investors trading cautiously ahead of the consumer price index (CPI) data scheduled to be released on Friday, which may give hints on the rate of inflation in the country. At 9.03am, the local note stood at...

KUALA LUMPUR, Oct 16 — The ringgit is expected to experience some technical correction in the coming days, trading in the range of RM4.15 to RM4.16 against the US dollar during the holiday-shortened week, an analyst said. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said...

KUALA LUMPUR, Aug 30 — The ringgit opened higher against the US dollar in early trade today on improved sentiment towards the currency, coupled with rising oil prices, a dealer said. At 9.04am, the local note rose to 4.1760/1780 versus the greenback from Friday’s close of 4.1890/1930. However,...

KUALA LUMPUR, Aug 14 — The ringgit is expected to trade between RM4.23 and RM4.24 against the US dollar next week due to lacklustre sentiment in the global oil market, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim. He said market sentiments will continue to be affected in an already...