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Ringgit vs US dollar: What we need to understand
KUALA LUMPUR: The ringgit is playing catch up to the US dollar as surging global interest in the greenback increases its demand and value tremendously.
Ringgit expected to trend downward on lack of catalysts this week
The ringgit is expected to trend downward against the US dollar this week on lack of catalysts, according to an analyst.
Economy getting back in top form
MALAYSIA, like the rest of the world, is heading into a period of economic normalisation.
Ringgit retreats slightly as dollar strengthens
KUALA LUMPUR: The ringgit reversed yesterday’s gains to open slightly lower against the US dollar this morning as sentiment for the greenback strengthened, an economist said.
Another OPR hike is imminent, say economists
KUALA LUMPUR: The door for a further hike in the overnight policy rate (OPR) of another 25 basis points (bps) in the near term is still open in the second half of this year, subject to the stability of economic growth, pace of inflationary rate and improvements in the macroeconomic conditions.
Ringgit slightly lower against US$ ahead of OPR decision
KUALA LUMPUR: The ringgit turned slightly lower against the US dollar today amid cautious sentiment ahead of Bank Negara Malaysia’s (BNM) interest rate decision later today, an analyst said.
Ringgit marginally higher as BNM kicks off two-day MPC meeting
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today ahead of the results of Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting, which is scheduled for tomorrow.
Ringgit slips against greenback amid strong US economic data
KUALA LUMPUR: The ringgit was traded easier against the US dollar in the early session today amid stronger demand for the greenback, said an analyst.