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KUALA LUMPUR: The ringgit was slightly lower against the US dollar at Friday's closing, although sentiment towards the local currency remains favourable, as Bank Negara Malaysia (BNM) has said firmly that the ringgit is undervalued.
KUALA LUMPUR: The decline in the value of the ringgit and the amount of savings in the Employees' Provident Fund (EPF) by retirees are expected to be the highlight of Thursday's (Feb 29) question and answer session in the Dewan Rakyat.
KUALA LUMPUR: The ringgit rebounded to open higher against the US dollar ahead of the release of the US inflation report later today.
Second Finance Minister Amir Hamzah Azizan’s forecast comes on the back of Malaysia’s stronger economic outlook and benign inflation.
PUTRAJAYA: The ringgit is expected to trade higher on the back of positive economic prospects, says Bank Negara Malaysia (BNM) governor Abdul Rasheed Ghaffour, while acknowledging that the currency is currently undervalued.