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.
Tag: currency
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.
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.
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
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.
Currency
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.
Currency
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 currencies.
Business News
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
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 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 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.
Banking and Finance
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.
Business News
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 2023, which is in…