Page 30 - Ringgit News Today

KUALA LUMPUR, Oct 30 — The ringgit opened higher against the US dollar and other major currencies on the first day of trading for the week. The financial markets are closely...

Local currency expected to stay within narrow range versus greenback.

KUALA LUMPUR: The ringgit opened higher against the US dollar and other major currencies on the first day of trading for the week.

KUALA LUMPUR: The ringgit closed firmer against the US dollar today on hopes the US Federal Reserve (Fed) would continue to pause its interest rate hikes.

Local note rises to 4.7600/7645 against the greenback.

Local moneychangers may appear to be doing a booming trade in the Malaysian Ringgit, but what do they have to do to keep up with the demand? And what other foreign currencies are big with Singaporeans? Nabeel Ghaffar, CEO of ThinMargin, an online moneychanger, tells us.

Investors await Bank of Japan’s and Fed’s policy decisions.

KUALA LUMPUR, Oct 28 — The outlook for ringgit next week is expected to be neutral to bullish on improving sentiment anticipation following major central banks’...

The ringgit is a topic that is conversed about at great length as it has dived to record lows against the greenback and Singapore dollar.

Having lost 12% of its value against the US dollar since February, the weaker ringgit may have helped to avert a worse contraction in Malaysian exports this year.