Page 79 - Ringgit News Today

The ringgit is likely to continue its uptrend against the US dollar this week, trading between the 4.38 and 4.41 level for the first week of the new year on the back of buying support from locals upon the ringgit’s weakness, said an analyst. 

KUALA LUMPUR: Headline inflation continues to remain stable at 4.0 per cent in November 2022, similar to October 2022, as the increase in core inflation was offset by lower inflation in other categories, namely fuel and fresh food, said Bank Negara Malaysia (BNM).

Despite the persistent cost pressure, headline inflation – as measured by the change in consumer price index (CPI) – in Malaysia is expected to moderate in the year ahead.

KUALA LUMPUR, Dec 27 — The ringgit opened higher versus the US dollar today due to a lack of demand for the greenback during the holiday season. At 9.01am, the local note...

Local currency not spared inflation cutting across globe.

KUALA LUMPUR, Dec 21 — The ringgit was almost flat against the US dollar in early trade today as investors remained on the sidelines, awaiting fresh leads to move the market. At...

KUALA LUMPUR: The ringgit failed to sustain earlier gains to end the day in bearish mode against the greenback as the mood turned sour with key US data and inflation figures from major economies back in focus.

KUALA LUMPUR, Dec 16 — Hong Leong Investment Bank Bhd (HLIB) opines that the worst could be over for the ringgit and expects an appreciation bias for the local currency averaging...

KUALA LUMPUR, Dec. 14 (Xinhua) -- Malaysia natural rubber production decreased by 10.3 percent to 31,795 tons in October from 35,460 tons in September, official

PETALING JAYA: Bermaz Auto Bhd (BAuto) believes the gradual resumption of production by semiconductor manufacturers locally and overseas will help to ease the microchips and components shortages situation.