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KUALA LUMPUR, Dec 21 — The ringgit managed to recover some grounds on a slight improvement in demand, despite lingering fears over the Covid-19 Omicron variant which is currently spreading both in the country and globally. At 9.01am, the local note rose slightly to 4.2230/2260...
KUALA LUMPUR, Dec 20 — The ringgit opened weaker against the US dollar as the latter continued to gain traction on the back of the United States (US) Federal Reserve’s (Fed) increasingly hawkish tone. The Federal Open Market Committee's (FOMC) decision to double up on scaling...
KUALA LUMPUR, Dec 17 ― The ringgit opened lower against the US dollar today despite the much lower-than-expected reading on the United States (US) Philadelphia Federal Reserve Manufacturing Index, which weakened the greenback against its counterparts, a dealer said. At 9am, the local note fell to...
KUALA LUMPUR, Dec 17 — The ringgit ended easier against the US dollar today as markets continued to digest major central banks’ decision this week. At 6pm, the local note stood at 4.2190/2210 against the greenback compared with yesterday’s close of 4.2060/2090. Bank Islam Malaysia Bhd chief...
KUALA LUMPUR, Dec 16 — The ringgit opened unchanged against the US dollar today, as the recent Federal Open Market Committee’s (FOMC) report signalled a more hawkish stance from the United States Federal Reserve (Fed), a dealer said. At 9am, the local note stood...