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Ringgit set to stabilise at 4.54-4.58 against US dollar by year-end - OCBC Bank

KUALA LUMPUR: The ringgit is expected to stabilise against the US dollar at RM4.54-RM4.58 by the end of the year, driven by expectations of a softer greenback and lower US Treasury yields as the US Federal Reserve (Fed) embarks on a rate-cutting cycle in 2024. ....

Kuala Lumpur , El Nino , Bank Negara Malaysia , Selena Ling , Overnight Policy Rate , Locbc Bank , Us Dollar ,

Ringgit opens easier against US$ ahead of OPR results

KUALA LUMPUR: The ringgit opened easier against the US dollar on Wednesday as most investors await the first Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting of the year, after which they will announce the new Overnight Policy Rate (OPR). ....

Kuala Lumpur , United Kingdom , Stephen Innes , Bank Negara Malaysia , Monetary Policy Committee , Overnight Policy Rate , Southeast Asian , Us Dollar ,

Rupee settles 2 paise higher at 83.13 against US dollar

India Business News: The Indian rupee remained range-bound and concluded 2 paise higher at 83.13 against the US dollar on Wednesday. Forex traders noted that the rupee is ....

Red Sea , Djibouti General , United Kingdom , Anuj Choudhary Research Analyst , Institutional Investors , Business News , Us Dollar , Foreign Institutional Investors ,

Ringgit closes lower against the greenback

PETALING JAYA: The ringgit closed lower yesterday against the greenback, as with other emerging currencies, as investors opted for the greenback on concerns over global economic prospects and ahead of US data later this week that may influence the interest rate outlook in the United States. ....

Malaysia General , United States , Mohd Afzanizam Abdul Rashid , Mohd Afzanizam , Stephen Innes , Bank Muamalat Malaysia Bhd , European Central Bank , Bank Negara , Muamalat Malaysia Bhd ,

Ringgit opens lower against US$ as investors await Bank Negara MPC meeting

KUALA LUMPUR: The ringgit opened lower against the US dollar on Tuesday as most traders are eagerly awaiting the first Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting of this year, scheduled for today and tomorrow. ....

Kuala Lumpur , United Kingdom , Stephen Innes , Bank Negara Malaysia Monetary Policy Committee , Bank Negara Malaysia , Monetary Policy Committee , Domestic Product , Personal Consumption Expenditures , Us Dollar ,