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Ringgit closes firmer against US dollar amid global rise in Covid-19 cases | Money

KUALA LUMPUR, Dec 21 — The ringgit closed firmer against the US dollar today as investors continued to weigh on global fears due to the rising cases of the Omicron Covid-19 variant. At 6pm, the local note improved versus the greenback to 4.2065/2110 from 4.2240/2280 yesterday. A trader said...
Kuala Lumpur United Kingdom Tedros Ghebreyesus Noor Hisham Abdullah World Health Organisation Tan Sri Dr Noor Hisham

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Ringgit open for downward speculative pressure? — Rais Hussin and Margarita Peredaryenko | What You Think

DEC 20 — We know that incompetent, haphazard and obscure top governance over the years has already exposed Malaysia to serious risks on many fronts from the raging Covid-19 pandemic to the complete loss of competitiveness in advancing the Fourth Industrial Revolution to the brain drain. Yet,...
Republic Of Hari Anggara World Bank Malaysia Transparency International Malaysia World Bank Bank Negara Malaysia

Ringgit to trade within 4.21-4.22 against US dollar next week | Money

KUALA LUMPUR, Dec 18 — The ringgit is expected to trade within the range of RM4.21 to RM4.22 against the US dollar next week on mixed market sentiment, said an economist. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the main narratives would be fairly unchanged in the...
Kuala Lumpur United Kingdom Shafwan Zaidon Mohd Afzanizam Abdul Rashid Bank Islam Malaysia Bhd Federal Reserve

Ringgit opens lower against greenback as Fed tapers asset purchase programmes

KUALA LUMPUR: The ringgit opened lower against the US dollar today despite the much lower-than-expected reading on the United States (US) Philadelphia Federal Reserve Manufacturing Index, which weakened the greenback against its counterparts, a dealer said.
Kuala Lumpur United States United Kingdom Mohd Afzanizam Abdul Rashid Dyogenes Rodrigues Diniz Pandemic Emergency Purchase Programme

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