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KUALA LUMPUR, Jan 13 — The ringgit continued its uptrend to end higher against the US dollar for the seventh consecutive day, in tandem with the rise in the price of Brent Crude, analysts said. At 6pm, the ringgit was traded at 4.1750/1775 against the greenback, compared with yesterday’s...
State-run PT Bank Negara Indonesia (BNI) actively supports Bank Indonesia (BI) in introducing the Local Currency Settlement (LCS) transaction scheme by ...
KUALA LUMPUR, June 14 — The ringgit kicked off the week on a negative note against the US dollar following the extension of the third movement control order (MCO 3.0). At 9.03am, the local unit slid to 4.1130/1150 against the greenback versus 4.1070/1100 at the close on Friday last week....
Friday, 16 Apr 2021 06:56 PM MYT A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, April 16 — The ringgit ended the week lower by 20 basis points against the US dollar as sentiment was weighed by escalating Covid-19 cases in the country, an analyst said. At 6pm, the local unit eased to 4.1250/1290 against the greenback from 4.1230/1260 at yesterday’s close. Malaysia’s Covid-19 cases continued to rise, with 2,551 new infections recorded in the country on...
April 6, 2021 KUALA LUMPUR (BERNAMA) – The ringgit opened unchanged against the United States (US) dollar yesterday but was higher versus a basket of major currencies, supported by the seasonal demand bounce on crude oil demand. At 9am, the local unit stood at 4.1380/1430 versus the greenback from 4.1380/1420 at Friday’s close. Axi Chief Global Market Strategist Stephen Innes said the positive trend for the local note against the major currencies (except with the US dollar) was also due to the recovery in the bond market, which recovered sharply last week on the FTSE news. “Malaysia wil...