Ringgit remains strong, supported by capital inflows and investment repatriation. Economic growth projections are positive, driven by robust investments and low inflation rates.
The dollar made gains yesterday against the Eurozone in particular but the Ringgit extends gains too vs the greenback
The Malaysian ringgit is expected to continue appreciating, potentially reaching the 4.250–4.200 level against the U.S. 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,…
Meanwhile, the ringgit traded mostly lower against a basket of major currencies, falling against the Japanese yen it gained against the British pound to…
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
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.
BNM expects inflation to trend higher in 2HCY24 following the recent rationalisation of diesel subsidies hence OPR Kept at 3.00%
MIDF Trade-Weighted Ringgit Index (TWRI) rose by +0.2%mom to 86.25 in Jun-24 signalling ringgit’s outperformance against regional currencies
