Page 10 - Ringgit News Today

KUALA LUMPUR: Bursa Malaysia closed on Tuesday with a solid rally to its highest in about 21 months while the ringgit weakened to its lowest in 26 years.

KUALA LUMPUR: The People’s Bank of China (PBOC) unexpectedly cutting its key borrowing rate more than what the market anticipated drove major regional currencies, including the ringgit, to trade lower against the US Dollar, mirroring the trend of the Chinese renminbi.

PETALING JAYA: Any questions on the ringgit’s performance will be addressed by Bank Negara governor Datuk Abdul Rasheed Abdul Ghaffour, says Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Feb 20 — Bank Negara Malaysia (BNM) said today the ringgit’s performance does not reflect the country’s economic strength, as the currency slid further to its...

KUALA LUMPUR: The recent performance of the ringgit, like other regional currencies, are impacted by external factors such as market adjustments to shifting US interest rate expectations, geopolitical concerns, and uncertainties surrounding China's economic outlook, according to Bank Negara.

(Bloomberg) -- The ongoing slide in the ringgit puts it a whisker away from a record low, and continued weakness in Malaysia’s exports as well as dollar strength may just push the currency past that level. Most Read from BloombergTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderRecord US Stock Rally Is Under Threat From a World in TurmoilChina Stocks Primed for Bullish Reopen After Upbeat DataSystemic Risk Concerns Grow Among Money Managers as Real Estate Woes Cause TurmoilW...

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today despite higher inflation data in the United States (US), said an analyst. 

KUALA LUMPUR, Feb 19 — The ringgit opened marginally higher against the US dollar today despite higher inflation data in the United States (US), said an analyst. At 9am, the...

The ongoing slide in the ringgit puts it a whisker away from a record low, and continued weakness in Malaysia’s exports as well as dollar strength may just push the currency past that level.

China’s floundering economy is hurting the Southeast Asian nation’s exports, which declined for a 10th consecutive month in December.