Page 68 - Ringgit News Today

The ringgit is likely to trade on a bullish bias this week, below the RM4.40 level within the 4.3925-4.4175 range against the US dollar, said an analyst.

ASIAN currencies and stock markets advanced on Friday, as investor focus shifted from worries about the global banking system to key U.S. inflation data due later in the day, expected to give a fresh reading on the Fed's monetary policy plans.

KUALA LUMPUR: The ringgit ended the final day of the week on a higher note against the US dollar today amid volatility in the foreign exchange market.

KUALA LUMPUR, March 31 — The ringgit ended the final day of the week on a higher note against the US dollar today amid volatility in the foreign exchange market. At 6pm, the...

Local note falls to 4.4170/4220 versus the greenback.

KUALA LUMPUR: Kenanga Research foresees that Bank Negara Malaysia (BNM) has reached the end of its monetary tightening cycle and will keep the Overnight Policy Rate (OPR) unchanged at 2.75 per cent for the rest of the year.

KUALA LUMPUR: The ringgit closed lower against the greenback on lack of new catalysts despite the US Dollar Index (DXY) moving downward by 0.2 per cent, said an analyst.

Ringgit, US dollar, Fed, BNM, Annual Report 2022

Local note rises to 4.3850/3900 versus the greenback.

KUALA LUMPUR: The ringgit opened higher against the US dollar on renewed demand for the local currency ahead of Bank Negara Malaysia’s (BNM) annual report on March 29 and the release of US consumer confidence data later today, said an analyst.