[ad_1] KUALA LUMPUR: The ringgit continued its downtrend to push past 4.70 against the greenback today amid concerns over the higher-for-longer US interest rate outlook, said an analyst. At 6…
Tag: Stephen Innes
Ringgit opens little changed against US dollar
[ad_1] KUALA LUMPUR: The ringgit was little changed against the US dollar this morning amid weak sentiment across Asian currencies and the ongoing China property market woes. At 9 am,…
Ringgit ends slightly higher tracking the positive equity market
[ad_1] KUALA LUMPUR: The ringgit ended slightly higher against the US dollar today on mild demand, tracking the positive sentiment on the equity market despite the firmer greenback, analysts said.…
Bursa Malaysia ends lower in sync with regional markets
[ad_1] KUALA LUMPUR: Bursa Malaysia closed lower for the fourth consecutive day today due to cautious sentiments within the regional economy, said an analyst. At 5 pm, the FTSE Bursa…
Ringgit continues uptrend against US$
[ad_1] KUALA LUMPUR: The ringgit continues its uptrend to open higher against the US dollar today as the greenback traded in a cautious mode ahead of the United States (US)…
Ringgit opens flat vs US dollar
[ad_1] KUALA LUMPUR: The ringgit opened little changed against the US dollar this morning as sentiments were mixed in light of the United States’ (US) thriving economy and China’s wobbling…
Malaysia’s economy has ‘somewhat come out of the woods’ – Economist
[ad_1] KUALA LUMPUR: Prominent economist Anthony Dass believes that Malaysia’s economy has “somewhat come out of the woods”, thanks to the clear governance, better confidence from domestic consumers and businesses,…
Ringgit ends on weaker note against US dollar ahead of state elections
[ad_1] KUALA LUMPUR: The ringgit ended the week on a weaker note against the US dollar on caution ahead of elections in six Malaysian states tomorrow. The greenback was also…
BNM intervention helps revive ringgit despite stronger greenback
[ad_1] KUALA LUMPUR: The ringgit traded firmer against the US dollar on Friday as Bank Negara Malaysia’s (BNM) intervention helped the ringgit to stabilise even as the US dollar gains…
Ringgit ends lower vs US dollar
[ad_1] KUALA LUMPUR: The ringgit ended lower today due to strong US economic data overnight that saw the broader dollar clawing back some gains, said an analyst. At 6 pm,…