currency

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.

3 months ago

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.

4 months ago

Ringgit Hits Strongest Level in Over Four Years at 4.1000

Ringgit surges to 4.1000 against US dollar, strongest since April 2021, after Fed rate cut and weaker US jobs data.

5 months ago

Ringgit Strengthens on Weaker US Dollar and Steady Foreign Inflows

The ringgit advanced against the US dollar, supported by softer US currency, firm regional sentiment, and continued foreign investment inflows.

5 months ago

Ringgit Extends Losses as Stronger US Dollar Pressures Regional Currencies

The ringgit weakened against the US dollar amid a stronger greenback, though it gained versus the euro, yen, and ASEAN…

7 months ago

China’s Forex Reserves Rise to $3.2853 Trillion in May 2025, Up 0.11% from April

China's foreign exchange reserves hit $3.2853 trillion in May 2025, up $3.6 billion (0.11%) from April, driven by currency translation

11 months ago

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…

2 years ago

Ringgit rises against US dollar in early trade

Early trase shows a spike in Ringgit against the US dollar, leaving critics dumbfounded in Malaysia

2 years ago

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…

2 years ago

OPR to remain at 3.00%: Experts now say

Experts expect that the OPR will be unchanged at 3.00% and that the accompanying rhetoric will significantly impact the ringgit.

2 years ago

OPR Left Unchanged at 3.00% as Inflation Moderated

OPR kept at 3.00%. BNM maintained the Overnight Policy Rate (OPR) at 3.00%, in its fifth Monetary Policy Meeting of…

3 years ago

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