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KUALA LUMPUR: Continuous buying in selected industrial products and services as well as healthcare counters lifted Bursa Malaysia to close at its intraday high today, with more investors becoming more confident over the bullish domestic economic outlook, dealers said.
KUALA LUMPUR: The ringgit opened firmer against the US dollar today, riding on positive investors’ sentiment following the tabling of the 12th Malaysia Plan (12MP) yesterday.
KUALA LUMPUR: The ringgit extended yesterday’s gains against the US dollar as the greenback -- a safe haven currency -- retreated amid risk-on mode.
KUALA LUMPUR: The ringgit declined further against the US dollar at the opening bell today, following the United States Federal Reserve’s (US Fed) upbeat conclusion of the Federal Open Market Committee (FOMC) meeting yesterday, which could lead to an eventual hike in their policy rate, said an analyst.
KUALA LUMPUR: The ringgit extended its losses against the US dollar at the opening on Friday, as emerging market currencies continued to be hit by the strengthening greenback following the strong economic data from the world’s largest economy.
KUALA LUMPUR: The ringgit fell further against the US dollar at the opening bell today, as traders moved into other safe-haven currencies like the Japanese yen after the United States (US) inflation data for August 2021 revealed a slower-than-expected expansion pace.
KUALA LUMPUR: The ringgit rebounded from Monday’s dip to open firmer today after the signing of the Memorandum of Understanding (MoU) on Political Stability and Transformation by Prime Minister Datuk Seri Ismail Sabri Yaakob and heads of the Pakatan Harapan component parties yesterday.
KUALA LUMPUR: The ringgit eased versus the US dollar at Wednesday's opening as traders await Bank Negara Malaysia’s interest rate decision and the release of the United States (US) jobs data report tomorrow.
Asian stock markets rose on Tuesday after China reported stronger exports in August than expected while investors awaited decisions from European and other central banks on when stimulus might be wound down.
KUALA LUMPUR: The ringgit opened higher against the US dollar on Friday ahead of the United States (US) employment report which is scheduled to be released today, a dealer said.