Page 16 - Ringgit News Today

The ringgit has slid more than 1 per cent in January, and is about 3 per cent away from a 25-year low reached in October.

KUALA LUMPUR, Jan 15 — The ringgit opened lower against the US dollar on Monday as foreign exchange markets focused on geopolitical tensions in light of the United States (US)...

KUALA LUMPUR: The ringgit ended lower against the US dollar on Monday amid a lack of catalysts, extending last week’s downtrend.

KUALA LUMPUR: The ringgit rebounded higher on Friday against the US dollar as investors shrugged off US higher-than-expected consumer price index (CPI) data.

KUALA LUMPUR: The ringgit extended yesterday’s losses to close lower against the US dollar on Friday as positive US consumer price index (CPI) data prompted some investors to return to the safe havens, dealers said.

KUALA LUMPUR: The continued optimism about positive US inflation numbers boosts sentiment, enabling the ringgit to open higher on Thursday.

KUALA LUMPUR: Malaysia’s economy is expected to benefit from the semiconductor exports, lifted by the global technology upcycle, as well as strong momentum in the tourism sector in 2024, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR: The ringgit retreated in early trade Wednesday as the US dollar continues to gain traction while the markets await the US Consumer Price Index (CPI) print which will be announced on Thursday.

KUALA LUMPUR: The ringgit continued its positive momentum to close higher against the US dollar on Wednesday as more investors returned to emerging currencies on mixed signals from the global economic front, dealers said.

KUALA LUMPUR: Affin Hwang Investment Bank Bhd expects Malaysia’s economy to grow by 4.5 per cent this year, against 4.0 per cent estimated for 2023, on the back of resilient domestic demand and improved economic fundamentals.