Ringgit uptrend continues amid optimism on lower US inflation
KUALA LUMPUR: The continued optimism about positive US inflation numbers boosts sentiment, enabling the ringgit to open higher on Thursday.
Source: thestar.com.my
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Malaysia's economy to benefit from higher demand in semiconductors, tourism in 2024 - Tengku Zafrul
KUALA LUMPUR: Malaysia’s economy is expected to benefit from the semiconductor exports, lifted by the global technology upcycle, as well as strong momentum in the tourism sector in 2024, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
Source: thestar.com.my
Cautious sentiment ahead of US CPI data drags ringgit lower
KUALA LUMPUR: The ringgit retreated in early trade Wednesday as the US dollar continues to gain traction while the markets await the US Consumer Price Index (CPI) print which will be announced on Thursday.
Source: thestar.com.my
Ringgit closes higher against the US dollar
KUALA LUMPUR: The ringgit continued its positive momentum to close higher against the US dollar on Wednesday as more investors returned to emerging currencies on mixed signals from the global economic front, dealers said.
Source: thestar.com.my
Affin Group expects 4.5% GDP growth for Malaysia in 2024
KUALA LUMPUR: Affin Hwang Investment Bank Bhd expects Malaysia’s economy to grow by 4.5 per cent this year, against 4.0 per cent estimated for 2023, on the back of resilient domestic demand and improved economic fundamentals.
Source: thestar.com.my