Business News
The Ringgit depreciated vs USD
The Ringgit deprecated and is expected to face continued uncertainty but read more on the global economic review
Category: Ringgit
Business News
Ringgit weakened in December but to appreciate this year
Ringgit weakened against USD in Dec-24 but gained against trading partners, expected to gradually appreciate to RM4.23 in 2025.
Business News
Ringgit Weakens in November Despite Fed Rate Cut: Recovery Expected?
The Ringgit weakened after er the Fed announced a rate cut that experts thought wound pump the local currency up
Banking and Finance
Ringgit extends uptrend against greenback in early trade
The ringgit gains slightly against the US dollar, supported by regional optimism, but faces external pressures from global market dynamics.
Business News
Ringgit Shows Modest Strength Against US Dollar
The ringgit opens slightly stronger against the US dollar, despite global market volatility, with mixed performance against other major currencies and ASEAN counterparts.
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 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
Malaysia’s Ringgit Poised for Strength Amid Promising Economic Growth
Ringgit remains strong, supported by capital inflows and investment repatriation. Economic growth projections are positive, driven by robust investments and low inflation rates.
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
Ringgit rises to near 11-month high against US dollar on July 31, 2024
The ringgit hit an 11-month high at RM4.58, buoyed by the Bank of Japan's rate hike and expectations of a potential US rate cut.