Page 100 - Ringgit News Today

Bearish bets on several Asian currencies, including the Malaysian ringgit (pic) hit a record high in the face of rising U.S. interest rates that supported the dollar, while repeated COVID-19 lockdowns threatened to disrupt economic recovery in China, a Reuters poll found on Thursday.

KUALA LUMPUR: The ringgit rebounded after three consecutive trading days of losses to close marginally higher against the US dollar at the close today amid mixed signals on the global economic front, a dealer said.

KUALA LUMPUR, June 14 — The ringgit extended its downtrend to open lower against the stronger US dollar today on cautious sentiment over a potential interest rate hike in the US,...

KUALA LUMPUR: It’s a sea of red on Bursa Malaysia, with over 1,000 counters ended in red as heavy selling bash down blue chips and small-cap stocks.

The ringgit is expected to trade in cautious mode against the US dollar next week, said an analyst.

KUALA LUMPUR: The FBM KLCI sank to its lowest level in six months, tracking the sea of red across regional markets while ringgit weakens against the US dollar.

KUALA LUMPUR: The ringgit rose against the US dollar at the close on Thursday, ahead of the release of the United States’ consumer price index (US CPI) on Friday, said an analyst.

Nation reopened borders April 1, hoping for two million visitors this year; one million have already visited, with travel sector battling to cope.

PETALING JAYA: As a trading nation, a “pivot to green” is needed to prepare the country for the transition to a low carbon environment, says Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift.(pic)

KUALA LUMPUR: The ringgit reversed its gains against the US dollar to open lower on Tuesday as the latter firmed up while bets for further rate interest rate hike continues.