Page 106 - Ringgit News Today

KUALA LUMPUR: The ringgit rebounded to open slightly higher against the US dollar today after two consecutive days of losses as the cheaper ringgit attracted investors, said an analyst.

KUALA LUMPUR: Bank Negara Malaysia governor Tan Sri Nor Shamsiah Mohd Yunus in an exclusive interview with Bernama shares pertinent points and explanation on the ringgit amid its recent developments.

KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today amid stronger demand for the greenback, said an analyst.

JOHOR BARU: The weak ringgit has given businesses here much reason to be cheerful, as they expect more Singaporeans to cross over due to the strong dollar.

KUALA LUMPUR: The ringgit retreated from yesterday's gains to open slightly lower against the US dollar today on renewed concerns about the global economic outlook, said an analyst.

Several money changers in Singapore ran out of ringgit notes for customers on Monday, 25 April.

Local currency may slip further once the US Fed raises its interest rate but that will help the competitiveness of Malaysian exports.

KUALA LUMPUR: The ringgit opened slightly 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 extended its downtrend against the US dollar on Monday on stronger buying support for the greenback as the market turns its focus on the upcoming US Federal Open Market Committee (FOMC) meeting on May 3 and 4, said an analyst.

KUALA LUMPUR: The ringgit, along with other major currencies, continued to be under-pressure after expectations of a 50-basis points (bps) rate hike by the US Federal Reserve (Fed) supported the US dollar.