Page 14 - Ringgit News Today

KUALA LUMPUR: The ringgit rebounded to end higher against the US dollar today as investors shifted their focus away from the greenback ahead of the United States (US) interest rate decision on Wednesday, said an economist.

Despite a strong Singapore dollar and weak Malaysian ringgit, Singaporeans are not eyeing large properties in JB and are prioritising connectivity instead.

The Employees Provident Fund (EPF) is positioned for favourable returns this year as improving global market sentiment gains momentum and with the resolution of political uncertainties locally.

The ringgit is anticipated to trade around the 4.72 to 4.73 range this week, with a limited downside as the local note is technically in an oversold position, said an analyst.

TOKYO -- Currencies across the Asia-Pacific region have slipped to their weakest levels against the dollar in months, as the slowdown in China casts a

KUALA LUMPUR: The ringgit is expected to stabilise against the US dollar at RM4.54-RM4.58 by the end of the year, driven by expectations of a softer greenback and lower US Treasury yields as the US Federal Reserve (Fed) embarks on a rate-cutting cycle in 2024.

KUALA LUMPUR: The ringgit opened easier against the US dollar on Wednesday as most investors await the first Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting of the year, after which they will announce the new Overnight Policy Rate (OPR).

KUALA LUMPUR: Bank Negara has decided to maintain the overnight policy rate (OPR) at 3.00%, in line with market expectations.

KUALA LUMPUR: The ringgit opened lower against the US dollar on Tuesday as most traders are eagerly awaiting the first Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting of this year, scheduled for today and tomorrow.

KUALA LUMPUR: The FBM KLCI finished higher on Tuesday for a third straight trading day, buoyed by gains in banking counters while the ringgit weakened against the US dollar.