Page 102 - Ringgit News Today

Nation’s decision to stop exporting the birds is being questioned by many; will it actually increase domestic supply?

KUALA LUMPUR, May 25 — The ringgit opened marginally higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to softer US...

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to softer US Treasury yields, said an analyst. 

KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today as sentiment for the greenback strengthened in tandem with positive development for the equity market in the United States, an analyst said. 

KUALA LUMPUR: Although inflation for April is expected to rise following the increase in the prices of goods, the rate is still seen as low and under control due to the broad-based subsidies provided by the government, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.

KUALA LUMPUR: Bursa Malaysia saw a follow-through selling pressure on Tuesday, pushing the benchmark index to its lowest in over three months.

KUALA LUMPUR: The ringgit opened unchanged against the US dollar today amid the Cabinet meeting today to discuss cost of living and food supply issues, said an analyst.

The ringgit is expected to move range-bound between RM4.38 and RM4.40 against the US dollar this week as investors mull cutting their long US dollar exposure in G10 currencies due to rising worries over a possible global recession, said an analyst.

Those who have been struggling in the past two years would probably feel it is too fast to contend with higher rates.

KUALA LUMPUR: The ringgit is expected to move range-bound between RM4.38 and RM4.40 against the US dollar next week as investors mull cutting their long US dollar exposure in G10 currencies due to rising worries over a possible global recession, said an analyst.