Page 5 - Ringgit News Today

KUALA LUMPUR: AmBank Economic Research is forecasting the ringgit to appreciate further to around RM4.5 by the year-end against the US dollar due to a combination of factors, including the potential narrowing interest rate differentials between the currencies which is more beneficial to the local unit.

KUALA LUMPUR, March 11 — The collaboration among Bank Negara Malaysia (BNM), government-linked companies (GLCs) and government-linked investment companies (GLICs) is seen as...

KUALA LUMPUR: The lower Overnight Policy Rate (OPR) increase by Malaysia as compared to the Philippines, Indonesia, Korea and India is one of the main reasons for the ringgit's decline, says Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR: The ringgit ended almost unchanged but stayed up against the US dollar today amid cautious sentiment after last week's winning streak, an economist said.

PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim wants efforts to reduce the country's fiscal deficit to continue so that future generations will not be burdened.

KUALA LUMPUR: The ringgit was slightly lower against the US dollar at Friday's closing, although sentiment towards the local currency remains favourable, as Bank Negara Malaysia (BNM) has said firmly that the ringgit is undervalued.

KUALA LUMPUR: The decline in the value of the ringgit and the amount of savings in the Employees' Provident Fund (EPF) by retirees are expected to be the highlight of Thursday's (Feb 29) question and answer session in the Dewan Rakyat.

KUALA LUMPUR: The ringgit rebounded to open higher against the US dollar ahead of the release of the US inflation report later today. 

Second Finance Minister Amir Hamzah Azizan’s forecast comes on the back of Malaysia’s stronger economic outlook and benign inflation.

PUTRAJAYA: The ringgit is expected to trade higher on the back of positive economic prospects, says Bank Negara Malaysia (BNM) governor Abdul Rasheed Ghaffour, while acknowledging that the currency is currently undervalued.