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KUALA LUMPUR, Sept 17 ― The ringgit extended its losses against the US dollar at the opening today, as emerging market currencies continued to be hit by the strengthening greenback following the strong economic data from the world’s largest economy. At 9.02am, the ringgit declined 160 basis...
KUALA LUMPUR, Aug 27 ― The ringgit retreated from its four-day winning streak in the early trade as the market sentiment turned cautious ahead of the announcement of the new Cabinet line-up expected at 11am today, as well as mild profit-taking following the recent gains, dealers said. At 9am, the...
KUALA LUMPUR, June 10 ― The ringgit opened slightly lower against the US dollar today amidst mixed sentiments, coupled with the weaker oil price, a dealer said. At 9.01am, the local currency eased to 4.1170/1190 against the greenback from yesterday's close of 4.1165/1175. At press time, the...
KUALA LUMPUR, May 28 ― The ringgit opened slightly lower against the US dollar today, as investors returned to safe-haven currencies due to cautious sentiment on the global market, a dealer said. At 9.05am, the local currency declined to 4.1400/1450 against the greenback from yesterday’s close...
KUALA LUMPUR, May 20 ― The ringgit extended yesterday’s losses against the US dollar at opening today after the release of the Federal Open Market Committee (FOMC) meeting minutes, which indicated that the US economy was improving rapidly and could lead to a tighter monetary policy. At 9am, the...