Page 6 - Ringgit News Today

KUALA LUMPUR: The ringgit was slightly higher against the US dollar at the start of trading today and also rose versus a basket of other major currencies as well as Asean currencies on positive sentiment following Bank Negara Malaysia's (BNM) statement on the local note’s valuation. 

KUALA LUMPUR: The ringgit eased against the US dollar in early trade today due to the lack of catalysts, said an analyst. 

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KUALA LUMPUR: Bank Negara governor Datuk Abdul Rasheed Ghaffour said the central bank has stepped up engagements with GLICs, GLCs, corporations and investors to encourage continuous inflows to the foreign exchange market.

The ringgit continues to be battered, a week after falling to a 26-year low against the US dollar.

KUALA LUMPUR, Feb 27 — The ringgit is expected to hit 4.20-4.40 against the US dollar by year-end in view of the United States (US) Federal Reserve’s (Fed) likely interest rate...

FROM WONG TECK JIN Petaling Jaya

KUALA LUMPUR: The ringgit strengthened against the US dollar on Tuesday as assurances from the government and Bank Negara Malaysia regarding the ringgit's valuation calmed market concerns.

KUALA LUMPUR: The ringgit is expected to hit 4.20-4.40 against the US dollar by year-end in view of the United States (US) Federal Reserve’s (Fed) likely interest rate cut decision in anticipation of an economic recession in the US this year, said Capital Dynamics Asset Management Sdn Bhd managing director Tan Teng Boo.

PETALING JAYA: The ringgit’s poor performance can be attributed to a lack of competitiveness in Malaysia over the past 28 years, says a World Bank economist.