Page 90 - Ringgit News Today

KUALA LUMPUR: The Malaysian ringgit ended today at a new 24-year low against the US dollar as the local note continued to be under pressure due to the expectation of a substantial interest rate hike by the US Federal Reserve due to persistently high inflation in the United States.

KUALA LUMPUR: The ringgit will remain under pressure against the US dollar as the rate gap widens, while the United States’ (US) federal funds rate will be higher than the overnight policy rate (OPR) by next week, said Bank Islam Malaysia Bhd chief economist Firdaos Rosli.

Finance minister says economic crisis fears unfounded as local note strengthening against other major currencies.

KUALA LUMPUR, Sept. 13 (Xinhua) -- Analysts on Tuesday foresaw crude palm oil (CPO) prices will trade sideways in the near term after Malaysia palm oil inventor

KUALA LUMPUR- Malaysia tidak mengalami krisis ekonomi meskipun penurunan nilai ringgit berbanding dolar AS ketika ini, kata Menteri Kewangan, Tengku Datuk Seri Zafrul Tengku Abdul...

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar this morning, extending yesterday’s upward momentum as the risk appetite in the market improved, a dealer said.

RINGGIT dilihat semakin susut dengan nilai tukaran semasa RM4.72 bagi A$1 berbanding RM4.49 pada sebelah pagi Jumaat. Ia berdasarkan tinjauan tukaran asing di laman sesawang...

KUALA LUMPUR, Sept 9 — The ringgit ended higher against the US dollar on Friday as sentiment improved thanks to Malaysia’s manufacturing sales value which grew by 23.8 per cent...

MOST Asian currencies rose on Thursday in cautious trade as investors awaited a speech by U.S. Federal Reserve Chair Jerome Powell, while the Malaysian ringgit steadied ahead of an expected rate hike by the country's central bank.

KUALA LUMPUR: Bank Negara Malaysia (BNM) is likely to continue its monetary tightening bias until at least the first quarter of 2023, supported by the improvement in the Malaysian labour market and the country’s robust economic recovery, said Kenanga Investment Bank Bhd (Kenanga).