Ringgit slips further against US dollar
KUALA LUMPUR: The ringgit slipped further against the US dollar on the expectation that higher-for-longer interest rate narratives are likely to persist.
Source: thestar.com.my
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Ringgit weak as US$ dominates amid uncertain US rate cut path
KUALA LUMPUR: The ringgit remained weak against the US dollar today after some letdown as hopes for a March rate cut faded after the US Federal Open Market Committee (FOMC) meeting minutes provided little clue about when it will happen.
Source: thestar.com.my
Standard Chartered sees ringgit outperforming 'on relative basis' in 2024
KUALA LUMPUR: The Malaysian ringgit and Indonesia’s rupiah are expected to be outperformers in the region in 2024 "on a relative basis,” benefitting most from monetary policy divergence, said Standard Chartered (StanChart).
Source: thestar.com.my
Ringgit continues downtrend against US dollar
KUALA LUMPUR: The ringgit continued its downtrend against the greenback before the release of the Federal Open Market Committee (FOMC) minutes tonight.
Source: thestar.com.my
Ringgit slips at start of trading, FOMC minutes in focus
KUALA LUMPUR: The ringgit slipped further against the US dollar on Wednesday as investors waited for more clarity about the United States (US) interest rate outlook.
Source: thestar.com.my