Page 82 - Ringgit News Today

Local currency up 0.38% to 4.4760/4810 at the opening.

MALAYSIA's ringgit extended gains and touched a three-month high on Friday following Anwar Ibrahim's appointment as prime minister, which put to rest uncertainty following last week's inconclusive election.

KUALA LUMPUR: The ringgit held steady and climbed to an over two-month high against the greenback on continued optimism that the US will slow down interest rate hikes going forward amid a smooth government transition in Malaysia.

MALAYSIA's ringgit posted its best day in almost two weeks and equities rose 2% on Thursday amid signs of a breakthrough in the political stalemate that left the country still struggling to form a new government five days after a general election.

KUALA LUMPUR, Nov 24 — The ringgit climbed 1.8 per cent to its highest in over two months versus the US dollar today with the appointment of Datuk Seri Anwar Ibrahim as...

KUALA LUMPUR: The ringgit has extended its positive run against the US dollar today, improving further to the 4.55 level on expectations of softer United States (US) inflation and less aggressive US Federal Reserve’s rate hikes, said an analyst. 

KUALA LUMPUR: The ringgit climbed 1.8 per cent to its highest in over two months versus the US dollar on Thursday with the appointment of Datuk Seri Anwar Ibrahim as Malaysia’s 10th Prime Minister, thus easing the political uncertainty and the weak US dollar following the Federal Open Market Committee’s (FOMC) minutes.

KUALA LUMPUR: The ringgit concluded Wednesday's trading session slightly stronger against the US dollar due to favourable external factors, said a dealer.

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on renewed buying interest despite China’s further COVID-19 restrictions as well as uncertainty on the hung Parliament and government formation in Malaysia, said an analyst. 

KUALA LUMPUR: The ringgit slipped further against the US dollar this morning, extending last week’s downtrend, as the first-ever hung parliament outcome in Malaysia from the 15th General Election (GE15) held last Saturday shook investor confidence, an analyst said.