Page 101 - Ringgit News Today

KUALA LUMPUR: The ringgit regained some strength to open higher against the US dollar as the greenback's demand weakened amid expectations of an aggressive monetary policy stance by the US Federal Reserve (Fed) in the third week this month.

KUALA LUMPUR: Worries from the international investor community are among the temporary factors contributing to the depreciation of the ringgit at the moment, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR: The ringgit continued to trend easier against the US dollar today as sentiments weakened for the local note amid higher inflation reported in the country and lower oil prices, analysts said.

KUALA LUMPUR: The ringgit extended its downtrend to open lower against the US dollar today on a stronger US dollar Index (DXY) as the US Treasury went up amid fears of a further acceleration of global inflation, said an analyst.

KUALA LUMPUR: The FBM KLCI closed 1.75% higher, thanks to late buying support in Petronas-linked and banking counters.

KUALA LUMPUR, May 28 — The ringgit is expected to trade fairly positive against the US dollar next week as the foreign exchange market is anticipated to experience some...

KUALA LUMPUR: Strong economic fundamentals and prudent ringgit management are expected to contribute to the strengthening of the ringgit against the US dollar despite several temporary factors that have contributed to the ringgit's current depreciation, Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.

Finance Minister says depreciation due to temporary factors.

JOHOR may benefit from the weaker ringgit in the short term as it will attract more Singaporeans but it will not have a positive impact on the state’s economy in the long run.

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today following the positive development in Shanghai, ahead of the reopening of China’s economy, an analyst said.