Page 23 - Ringgit News Today

KUALA LUMPUR: The ringgit opened lower against the US dollar today as the greenback climbed after data showed that the US economy grew faster in the third quarter amid rising concerns for an early US interest rate cut, said an analyst.

KUALA LUMPUR, Nov 29 ― The ringgit is expected to strengthen in 2024 driven by several factors, including the government’s fiscal discipline, better global economic growth...

KUALA LUMPUR: The ringgit was traded higher against the US dollar at the opening today amid mixed data coming from the United States and European Union Purchasing Managers' Index (PMI) indices. 

KUALA LUMPUR: The ringgit is likely to strengthen against the US dollar in 2024, particularly in the second half of the year towards the 4.40 level, said the Malaysian Institute of Economic Research (MIER) today.

KUALA LUMPUR, Nov 27 — The ringgit was traded higher against the US dollar at the opening today amid mixed data coming from the United States and European Union Purchasing...

The ringgit is expected to trade range-bound ahead of the next set of tier-one United States (US) economic data this Friday of which, the key US non-farm payroll (NFP) will be released, an analyst said.

Local note firmer versus basket of major currencies in early trade.

KUALA LUMPUR: The ringgit was traded almost flat at the opening against the US dollar today on lack of fresh buying interest amid low volatility due to the Thanksgiving holiday in the United States (US).

(Bloomberg) -- After years of political turmoil that saw rapid turnover at the prime minister’s office, Anwar Ibrahim’s first 12 months as Malaysia’s leader might feel like a success in itself.Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageMcKinsey and Its Peers Are Facing the Wildest Headwinds in...

ASIAN currencies and equities were largely subdued on Friday, with Thailand's baht and South Korean won leading declines, as increasing scepticism over whether the U.S. Federal Reserve is done with interest rate hikes kept risk appetite in check.