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Ringgit weak as US$ dominates amid uncertain US rate cut path

KUALA LUMPUR: The ringgit remained weak against the US dollar today after some letdown as hopes for a March rate cut faded after the US Federal Open Market Committee (FOMC) meeting minutes provided little clue about when it will happen. ....

Kuala Lumpur , United Kingdom , Mohd Afzanizam Abdul Rashid , Mohd Afzanizam , Us Federal Open Market Committee , Bank Muamalat Malaysia Bhd , Open Market Committee , Muamalat Malaysia Bhd , Nonfarm Payroll , Fed Fund ,

Standard Chartered sees ringgit outperforming 'on relative basis' in 2024

KUALA LUMPUR: The Malaysian ringgit and Indonesia’s rupiah are expected to be outperformers in the region in 2024 "on a relative basis,” benefitting most from monetary policy divergence, said Standard Chartered (StanChart). ....

United States , Kuala Lumpur , Republic Of , Organisation Of The Petroleum Exporting Countries , People Bank , Standard Chartered , Petroleum Exporting Countries , Global Report ,