Ringgit News Today

KUALA LUMPUR: The ringgit continued its uptrend from last Friday’s closing to open higher today amid the weakening greenback and lower US Treasury yields, analysts said.

In February, the Malaysian currency, the ringgit, suffered its steepest decline in 26 years, hurting consumers and businesses. But as the government projects a recovery, is a turnaround in sight?

KUALA LUMPUR: The ringgit extended its positive performance to close higher against the US dollar on Friday in line with the positive momentum in regional currencies as more investors shifted from safe haven currencies, a dealer said.

Finance Minister Sri Mulyani Indrawati said the rupiah exchange rate depreciated by 2.89 percent year-to-date (ytd) in the first quarter of this year.

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KUALA LUMPUR: The ringgit opened marginally lower against the US dollar today ahead of the highly anticipated Federal Open Market Committee (FOMC) meeting which will begin tonight.

KUALA LUMPUR: The ringgit opened easier against the US dollar on Monday as investors remained on the sidelines in anticipation of a number of significant global events and data points, including the upcoming Federal Open Market Committee (FOMC) meeting.

KUALA LUMPUR: The ringgit ended flat against the US dollar on Monday as investors took the ‘wait-and-see’ approach ahead of the latest economic assessment by the United States (US) Federal Open Market Committee (FOMC) during its meeting on April 30 and May 1, said an analyst.

KUALA LUMPUR: The ringgit ended the week on a better footing against the US dollar, likely due to the lower-than-expected first quarter US gross domestic product (GDP) data.

KUALA LUMPUR: The ringgit rebounded in early trade Wednesday as the US dollar retreated after S&P Purchasing Managers' Index data disappoint.