Positive outlook for ringgit this year
KUALA LUMPUR: The ringgit is poised to strengthen this year, driven by significant events which could bolster the local currency.
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KUALA LUMPUR: The ringgit is poised to strengthen this year, driven by significant events which could bolster the local currency.
KUALA LUMPUR, April 20 — The ringgit is likely to trade in the same range of around RM4.78 against the US dollar next week, as the situation in the Middle East will continue to...
KUALA LUMPUR: The ringgit ended the week on a positive note, closing higher against the US dollar for the third consecutive session, boosted by positive sentiments on the advance estimates for Malaysia’s gross domestic product (GDP) that came in better than expected, said an analyst.
KUALA LUMPUR: The ringgit opened easier against the US dollar today as the greenback strengthened further following the Federal Reserve’s (Fed) official hawkish stance.
THE Malaysian ringgit led declines among weak Asian currencies on Friday due to a buoyant dollar while regional share markets were mixed, as investors refrained from taking fresh bets on when the Federal Reserve will start to cut rates.