Business News
Ringgit Surges Against US Dollar After Fed Rate Cut
The ringgit strengthens against the US dollar after the Fed cuts interest rates, while showing mixed performance against other major currencies.
Category: Currency
Business News
Ringgit Steady as Investors Brace for US Election Risks
The ringgit remained steady as investor caution over the US election and resilient US inflation weighed on markets, influencing major and ASEAN currency movements.
Business News
Ringgit Strengthens Further, Opening Higher Against US Dollar
The ringgit opened higher against the US Dollar, supported by increased demand for emerging currencies, while the DXY fell amid positive US economic data.
Business News
Ringgit extends positive momentum. Open higher vs US Dollar
In early trading, the ringgit weakened against most major currencies, slipping against the euro to 4.6680/6827 and the Japanese yen to 2.8759/8851 but kept…
Business News
Ringgit Opens Slightly Stronger Against US Dollar as Traders Focus on Budget 2025
The ringgit opened slightly higher against the US dollar, trading at 4.3050/3250 compared to yesterday’s close of 4.3075/3105, as traders awaited the tabling of…
Business News
Ringgit rises against US dollar in early trade
Early trase shows a spike in Ringgit against the US dollar, leaving critics dumbfounded in Malaysia
Business News
Ringgit extends gains against US dollar
The dollar made gains yesterday against the Eurozone in particular but the Ringgit extends gains too vs the greenback
Business News
Ringgit Poised for Continued Strength Amid Economic Gains
The Malaysian ringgit is expected to continue appreciating, potentially reaching the 4.250–4.200 level against the U.S. dollar.
Business News
Ringgit on upward trend reaches 4.37 against the US dollar
The ringgit also declined against ASEAN currencies: weakening to 3.3466/3522 against the Singapore dollar from 3.3424/3461, to 7.74/7.75 against the Philippine peso from 7.73/7.74,…
Currency
Ringgit edged higher against US dollar
Meanwhile, the ringgit traded mostly lower against a basket of major currencies, falling against the Japanese yen it gained against the British pound to…
Currency
Bursa Malaysia Falls Amid Global Recession Fears; Ringgit Surges
At the close, the FBM KLCI fell 74.57 points or 4.62% to 1,536.48, down from Friday’s 1,611.05. The market experienced a severe downturn
Business News
The Malaysian currency reached 4.3945 per dollar today
The ringgit surged 2.3% on optimism over Malaysia's economy and foreign capital inflows, marking its biggest gain since October 2015
Currency
Ringgit Outperformed Regional Currencies in 1HCY24
MIDF Trade-Weighted Ringgit Index (TWRI) rose by +0.2%mom to 86.25 in Jun-24 signalling ringgit’s outperformance against regional currencies
Business News
Ringgit Ends Higher Against US Dollar Amid Rising Inflation Expectations
The ringgit rose against the US dollar due to higher-than-expected May CPI, suggesting BNM may keep the OPR steady at 3.00%.
Currency
Ringgit opens steady vs US dollar
The ringgit versus the greenback is likely to remain in a narrow range as market participants await the FOMC outcome on 12 June, Bernama…