Page 134 - Ringgit News Today

KUALA LUMPUR: The ringgit opened higher against the US dollar for the third consecutive day, taking advantage of the drifting greenback and the oil market rally. At 9 am, the ringgit improved to 4.0400/0460 versus the US dollar from 4.0430/0470 at Wednesdays close. Axi chief global market strategist Stephen Innes said that the local note could consolidate around the current level today as the Group of Ten (G-10) traders debate the US dollars near-term direction. The G-1...

KUALA LUMPUR, Jan 20 — The ringgit was higher versus the US dollar at opening today, pushed by the US President-elect Joe Biden’s stimulus rally, coupled with the comfortably trading Brent crude oil above US$55 (RM222.61) per barrel. At 9.03am, the ringgit inched up to 4.0460/0510 versus the...

Wednesday, 20 Jan 2021 06:43 PM MYT At the close, the local note stood at 4.0430/0470 against the greenback from 4.0480/0520, yesterday. — AFP pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 20 — Oil price rally and US dollar weakness supported the ringgit to close higher for the second consecutive day. At the close, the local note stood at 4.0430/0470 against the greenback from 4.0480/0520, yesterday. Axi chief global market strategi...

KUALA LUMPUR: The ringgit opened higher against the US dollar today, boosted by Prime Minister Tan Sri Muhyiddin Yassin’s announcement of the RM15 billion Malaysian Economic and Rakyat’s Protection Assistance Package (PERMAI) package yesterday, as well as higher crude oil prices.

10:34 AM MYT KUALA LUMPUR: The ringgit opened slightly lower vis-a-vis the US dollar on Monday due to the strengthening of the greenback as a safe-haven demand for the currency among investors kicked in. This is while they are concerned about a foreign policy pivot following US President-elect Joe Biden’s inauguration this week. At 9.03 am, the ringgit stood at 4.0450/0510 versus the US dollar from the 4.0350/0380 at Friday close. The ringgit also fell when the country reimposed the Movement ...

2:44 PM MYT KUALA LUMPUR, Jan 16 (Bernama): The ringgit may test the psychological level of 4.00 against the US dollar next week amid anticipation that Bank Negara Malaysia (BNM) would maintain the Overnight Policy Rate (OPR) at 1.75 per cent at its meeting on Wednesday. FXTM market analyst Han Tan said Malaysia’s health-related and economic response amid the ongoing Movement Control Order (MCO 2.0), along with the US dollar’s behaviour, were set to be key drivers in determi...

KUALA LUMPUR: The ringgit rebounded against US dollar at the opening today on positive sentiment following the government’s move to allow businesses to function during the nationwide state of emergency which is expected to last until Aug 1, 2021.

KUALA LUMPUR: The ringgit opened lower against the US dollar today, extending losses from last Friday’s closing, on lack of buying interest as the stronger greenback mitigated interest for the local currency, said a dealer.

6:56 PM MYT At 6pm, the local note was quoted at 4.0480/0530 against the greenback, versus 4.0300/0340 at last Friday’s close. KUALA LUMPUR: The ringgit finished 180 basis points (bps) easier against the US dollar today as investors adopted a cautious stance while waiting for Prime Minister Tan Sri Muhyiddin Yassin’s announcement on the implementation of the Movement Control Order (MCO). At 6pm, the local note was quoted at 4.0480/0530 against the greenback, versus 4.0300/03...

11:35 AM MYT KUALA LUMPUR, Jan 10 (Bernama): The robust ringgit is set to leave positive trails onto the equity markets amid a weaker US dollar, as the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 30.24 points to end the first week of 2021 at the day’s high of 1,633.19. The ringgit was traded as high as 3.9957 versus the US dollar on the first trading day of the year, and research firms believe the US dollar weakness would resume. An analyst said it was evident last Frid...