Page 116 - Ringgit News Today

KUALA LUMPUR, Jan 10) — The ringgit opened marginally higher against the US dollar today following the tepid US economic data released last week, despite a decline in oil price, a dealer said At 9.07am, the local currency was trading at 4.2000/2030 against the greenback from 4.2070/2080 at...

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on Monday following the tepid US economic data released last week, despite a decline in oil price, a dealer said.

The ringgit is expected to trade sideways with a downward bias against the US dollar from Monday (Jan 10), an analyst said.

KUALA LUMPUR, Jan 7 ― Asean currencies, including the ringgit, are expected to perform well this year after a downward trend against the US dollar last year, said Credit Suisse. “Although stronger growth could pressure import bills, current accounts should remain strong for most Asean...

KUALA LUMPUR: The ringgit opened lower against the US dollar on firmer buying support for the greenback, backed by better US employment data.

KUALA LUMPUR: The ringgit opened lower against the US dollar on Wednesday as technical correction continues due to profit-taking activities amid firmer oil prices, dealers said.

KUALA LUMPUR: The ringgit opened lower against the US dollar today on better demand for the greenback as the US Treasury yields increased.

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) has maintained its gross domestic product (GDP) growth target for Malaysia at 6.0 per cent for 2022, despite the damage caused by the floods.

KUALA LUMPUR: The ringgit opened marginally easier against the US dollar on the first trading day of 2022 amid easing concerns over the COVID-19 Omicron variant, said analysts. 

The ringgit is expected to experience some technical correction in the coming days, trading in the range of 4.1650 to 4.1750 against the US dollar, an analyst said.