Business News
Indonesia Consumer Confidence Slips for Third Month
Indonesia’s consumer confidence eased for a third consecutive month in July, signaling softer domestic demand despite sentiment remaining firmly in optimistic territory.
Category: Currency
Ringgit
Ringgit Seen Trading Steady Amid US Data Releases
Ringgit expected to trade 4.07–4.09 next week, guided by US data releases and Fed outlook, with mixed performance regionally.
Ringgit
Ringgit Extends Gains Amid Trade Strength
Ringgit rises for second day, supported by trade strength, though geopolitical risks and oil prices remain key concerns.
Money and Investment
MARKET OUTLOOK – JOHOR STRENGTHENS THE CASE FOR GE16
The ringgit recovered against the dollar as the Fed's softened outlook eased pressure on emerging currencies.
Ringgit
Ringgit Strengthens as Fed Signals Weigh on US Dollar
The ringgit recovered against the dollar as the Fed's softened outlook eased pressure on emerging currencies.
Currency
Bank Negara Reserves Rise to US$132.6 Billion in June
Malaysia's reserves rose to US$132.6 billion, indicating economic resilience amid global uncertainties and enhancing investor confidence.
Ringgit
Ringgit Opens Mixed Amid Strong US Economic Data
The Malaysian ringgit shows mixed performance against regional currencies due to stronger US dollar and economic uncertainty.
Ringgit
Ringgit Trades Higher Amid Improved Market Sentiment
The Malaysian ringgit strengthened against the US dollar due to improved sentiment, but remains vulnerable to external factors influencing volatility.
Ringgit
Ringgit Strengthens As Global Oil Prices Remain Elevated
The Malaysian ringgit strengthened against the US dollar due to high global oil prices influenced by geopolitical tensions in West Asia.
Ringgit
Ringgit Rally Spurs Forecast of 3.7000 Against US Dollar by 2026
MUFG projects ringgit to strengthen to 3.7000 by end-2026, citing ICT-led investment inflows, macro stability and investor confidence.
Tech
Bitget Publishes January 2026 Proof of Reserves Amid Market Volatility
Bitget confirms full asset backing in its January 2026 Proof of Reserves, highlighting transparency amid market volatility with impressive reserve ratios.
Currency
Could the World Move Away from the Dollar?
Dollar dominance faces challenges from rising debt, geopolitical tensions, and alternative currencies like the euro and renminbi, raising questions about global financial stability.
Ringgit
Ringgit Breaks RM4 Barrier Against USD, Signaling Stronger Malaysian Economy
Ringgit hits highest since 2018 at RM3.99, driven by stable OPR and weak USD; boosts FBM KLCI with investor inflows.
US Dollar
US Dollar Hits Multi-Week High Ahead of NFP; Oil Rebounds on Inventory Draw
DXY climbs to 98.9 before US jobs data; Malaysia-Türkiye eye $10B trade; BNM reserves rise to $125.5B.
Ringgit
Ringgit Rebounds Against US Dollar as Venezuela Crisis Fears Ease
Ringgit strengthens to 4.0445/0495 vs US dollar on fading safe-haven demand after markets view US-Venezuela tensions as contained.
Ringgit
Top 5 Malaysian Market News Stories So Far in 2025: Ringgit tops the list
Rapid adoption underscores policy support for green mobility, positioning Malaysia as a regional EV contender despite competition from Chinese brands but Ringgit dominates out…