Page 77 - Ringgit News Today

Traders cautious about Bank Negara’s impending monetary policy meeting.

KUALA LUMPUR - The Malaysian ringgit reversed from Monday’s gains to open slightly lower against the US dollar amid stronger sentiment for the greenback as traders remained...

Anwar Ibrahim said Malaysia will seek to expedite priority projects while plugging leakages in its 2023 budget review amid rising sovereign debt levels – which stands at about 1.5 trillion ringgit (US$346 billion).

KUALA LUMPUR: The ringgit maintained its strength against the US dollar after lower US inflation data led to expectations that the US Federal Reserve (Fed) would scale back a 25-basis point interest rate hike, prompting Malaysian exporters to reduce greenback holdings.

The strong ringgit rally resulting from less threatening US inflation print is set to continue with the local unit expected to trade between 4.3250 and 4.3450 this week.

KUALA LUMPUR - The strong ringgit rally resulting from less threatening US inflation print is set to continue with the local unit expected to trade between 4.3250 and 4.3450 next...

KUALA LUMPUR, Jan. 13 (Xinhua) -- Malaysia natural rubber production decreased by 11.8 percent to 28,048 tonnes in November 2022 from 31,795 tonnes in the previ

KUALA LUMPUR: The ringgit steadied near its strongest level in nearly 10 months against the US dollar after softer US inflation data drove up bets that the Federal Reserve will be less aggressive with its rate hikes soon.

KUALA LUMPUR: The ringgit extended its uptrend versus the US dollar by opening higher this morning, as demand for the local note improved after the just-released November 2022 unemployment data painted a positive economic outlook, an analyst said. 

KUALA LUMPUR, Jan 12 — Standard Chartered Bank said continuing support for the ringgit from high commodity prices is expected and the local unit is likely to trade around...