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KUALA LUMPUR: The ringgit opened little changed against the US dollar today, after closing broadly higher yesterday, on positive sentiment brought by the approval of Budget 2021.
PETALING JAYA: Budget 2021, Malaysia’s largest budget allocation in history, will be a key instrument that sets the tone for an accelerated economic recovery next year.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today amid the firmer crude oil prices and weaker performance of the greenback, dealers said.
KUALA LUMPUR: The ringgit retreated from yesterday’s gains to open lower against the US dollar today on a cautious mode, despite the weaker performance of the greenback.
Govt has put in concrete measures to attract investments
KUALA LUMPUR, Nov 21 (Bernama): The ringgit is expected to continue its upward momentum against the US dollar next week as investors await for new catalysts following the positive Covid-19 vaccine development and oil price improvement, said an analyst.
PETALING JAYA: Leading economic indicators in Malaysia have shown that the economy has passed its trough as the country heads towards a modest recovery with 2020 drawing to a close.
KUALA LUMPUR: The ringgit continued to drift sideways as uncertainties over fiscal stimulus in the US resurfaced again, leading to the rise in the US dollar.