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KUALA LUMPUR: The ringgit opened higher against the US dollar on Friday after the United States Federal Reserve (Fed) decided to maintain its interest rate at 5.5 per cent.
KUALA LUMPUR: The ringgit ended the week firmer against the US dollar, closing higher on Friday as the greenback retreated amid risk-on sentiment ahead of the United States (US) nonfarm payroll data due later today, an economist said.
KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today, as the market remains tentative in anticipation of the interest rate decision on the greenback.
(Bloomberg) -- The ringgit is at risk of falling to an unprecedented level should Malaysia plunge into fresh political tumult, according to the head of Asia-Pacific fixed income at State Street Global Advisors.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersMusk Says First Neuralink Patient Received Implant in BrainTrump Cash Stockpile at Risk From $450 Million Dual VerdictsAmazon Drops
KUALA LUMPUR: The ringgit opened higher on Tuesday as market participants focused on the two-day United States (US) Federal Open Market Committee (FOMC) meeting which starts today.