Page 109 - Ringgit News Today

KUALA LUMPUR: The ringgit traded lower against the US dollar in the early trading session today on lack of demand due to falling crude oil prices, coupled with China's weaker Purchasing Managers' Index (PMI), said an analyst.

KUALA LUMPUR, April 4 — The ringgit traded lower against the US dollar in the early trading session today on lack of demand due to falling crude oil prices, coupled with China’s weaker Purchasing Managers’ Index (PMI), said an analyst. At 9.00am, the local currency was trading at 4.2130/2160...

The ringgit is expected to continue to trade in a volatile mode next week, as mixed signals from global economic developments are expected to keep more investors on the sidelines, an analyst said.

KUALA LUMPUR, April 2 — The ringgit is expected to continue to trade in a volatile mode next week, as mixed signals from global economic developments are expected to keep more investors on the sidelines, an analyst said. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the...

KUALA LUMPUR: The ringgit has extended its upward momentum against the greenback, as the US dollar retreated amidst concerns over the United States' (US) gross domestic product (GDP) data which revealed a lower-than-expected reading, said an analyst.

KUALA LUMPUR, March 28 — The ringgit opened slightly higher against the US dollar on Monday, supported by the global economic recovery which is cruising at a reasonable speed, said an analyst. At 9.00am, the local currency was trading at 4.2070/2115 against the greenback from 4.2080/2110 at...

KUALA LUMPUR, March 26 — The ringgit is expected to trade on the upside bias moving between RM4.19 and RM4.20 next week, amid better risk appetite and fairly positive domestic economic data and outlook, an analyst said. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the...

KUALA LUMPUR:  The ringgit rebounded to open higher versus the US dollar today, as the greenback retreated amid improvement in the equity market, an analyst said.

KUALA LUMPUR, March 19 — The ringgit is expected to trade in a tight range with a downward bias within 4.19 to 4.21 against the US dollar next week as the ongoing war in Ukraine could potentially impact market sentiments, an analyst said. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam...

KUALA LUMPUR: The ringgit further improved against the US dollar after the Federal Reserve raised interest rates for the first time since 2018 in an effort to tame inflation.