Page 6 - Ringgit Weekly News Today

KUALA LUMPUR, Jan 1 — The ringgit is expected to experience some technical correction in the coming days, trading in the range of 4.1650 to 4.1750 against the US dollar, an analyst said. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said in light of the recent appreciation,...

KUALA LUMPUR, Dec 18 — The ringgit is expected to trade within the range of RM4.21 to RM4.22 against the US dollar next week on mixed market sentiment, said an economist. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the main narratives would be fairly unchanged in the...

KUALA LUMPUR, Dec 4 — The ringgit is set to remain weaker against the US dollar next week as investors are expected to remain cautious over how the Omicron Covid-19 variant will impact economic recovery. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said given that the...

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, Nov 6 — The ringgit is expected to trade range-bound next week, said a dealer. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the latest announcement by the US Federal Reserve to taper its asset purchase programme has confirmed that the Fed has become more...

KUALA LUMPUR, Oct 23 — The ringgit is expected to trade in a tight range against the US dollar next week, given that the currency pair is nearing the overbought condition, an analyst said. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said forex markets would also be...

KUALA LUMPUR, Aug 28 ­— The ringgit is likely to experience headwinds next week, trading in the range of RM4.19 to RM4.21 against the US dollar, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim. “Headwinds could appear if the Organisation of the Petroleum Exporting Countries (Opec)...

KUALA LUMPUR, June 12 — The ringgit is likely to trade in a range of 4.09 to 4.11 level next week as Malaysia aims to achieve the target of injecting 150,000 doses of vaccine daily, said an analyst. Bank Islam Malaysia Bhd economist Adam Mohamed Rahim, citing the latest data from the Covid-19...

KUALA LUMPUR, May 29 — The ringgit is likely to continue its positive momentum against the US dollar next week, amid the continued weakness of the greenback on the back of various developments in the market which is affecting the currency, said an analyst. ActivTrades trader Dyogenes Rodrigues...

Saturday, 15 May 2021 10:24 AM MYT BNM said the ringgit is expected to remain exposed to periods of heightened volatility as uncertainties remain on the momentum of the global and domestic economic recovery. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 15 — The ringgit is expected to weaken against the US dollar next week at between 4.10 and 4.15, in line with the fear of the United States (US) inflation and Consumer Pric...