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Ringgit lower amid stronger dollar, oil prices under pressure | Money

KUALA LUMPUR, Nov 22 — The ringgit ended easier against the US dollar today as the greenback continues its bullish trend and oil remained under pressure. At 6pm, the local note weakened to 4.1850/1880 versus the greenback from 4.1810/1850 at Friday’s close. However, Bank Islam Malaysia Bhd...
Kuala Lumpur United Kingdom Mohd Afzanizam Abdul Rashid Bank Islam Malaysia Bhd Market Committee Federal Open Market Committee

Ringgit likely to decline further against US dollar next week | Money

KUALA LUMPUR, Nov 20 — The ringgit is likely to continue its decline against the US dollar next week amid the absence of local market catalyst and the strengthening greenback. Hong Leong Research expects the US dollar’s upward trajectory to extend for another week amid...
Kuala Lumpur United Kingdom Mohd Afzanizam Abdul Rashid Bank Islam Malaysia Bhd Hong Leong Research Federal Reserve

Ringgit likely to see range-bound trading next week | Money

KUALA LUMPUR, Nov 6 — The ringgit is expected to trade range-bound next week, said a dealer. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the latest announcement by the US Federal Reserve to taper its asset purchase programme has confirmed that the Fed has become more...
Kuala Lumpur United Kingdom Mohd Afzanizam Abdul Rashid Bank Islam Malaysia Bhd Bank Negara Malaysia Monetary Policy Committee Islam Malaysia Bhd

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