KUALA LUMPUR, March 12 — AmBank Economic Research is forecasting the ringgit to appreciate further to around RM4.50 by the year-end against the US dollar due to a combination of factors.

KUALA LUMPUR, March 7 — The ringgit is in a good position to strengthen this year, supported by the upbeat domestic economy and externally, the narrative of re-adjustment of the United States (US) interest rate propping the ringgit's valuation, said analysts.

KUALA LUMPUR, Nov 24 — Malaysia's inflation will continue to remain modest for the rest of 2023 and in the early part of 2024 due to slower pressure from the demand-pull inflation and the impact of the interest rates normalisation, said AmBank Research.

KUALA LUMPUR, Sept 11 — RHB Research expects Malaysia’s Industrial Production Index (IPI) to stabilise further in the fourth quarter (4Q) of 2023.

KUALA LUMPUR, Aug 25 — MIDF Research has maintained Malaysia’s Consumer Price Index (CPI) forecast at 3.0 per cent for 2023, despite the latest July data indicating it has cooled to 2.0 per cent.

KUALA LUMPUR, March 9 — Bank Negara Malaysia’s (BNM) decision to keep the overnight policy rate (OPR) unchanged at 2.75 per cent will allow the economy to readjust to the 100 basis points (bps) rate hike made last year, said AmBank Economic Research.

KUALA LUMPUR, Sept 23 — The ringgit continued to weaken against the US dollar, breaching the 4.57 level as the greenback continued to strengthen after the latest interest rate hike by the American central bank.

KUALA LUMPUR, Sept 22 — The ringgit depreciated against the US dollar today despite higher oil prices, said a dealer.

KUALA LUMPUR, July 7 — Analysts believed Bank Negara Malaysia (BNM) will further normalise its policy rate going forward and gradually raise the Overnight Policy Rate (OPR) to 3.00 per cent by next year.

KUALA LUMPUR, Apr 25 — The global supply chain disruptions due to the Covid-19-triggered lockdowns in China and the ongoing Russia-Ukraine war may continue to boost costs, causing inflation to rise.

KUALA LUMPUR, Dec 13 — The ringgit closed easier against the US dollar on Monday on better buying support for the greenback as investors turned their focus to a number of central bank policy meetings due this week, analysts said.

KUALA LUMPUR, Nov 2 — MIDF Research anticipates that manufacturing activities in Malaysia will strengthen further, bolstered by the recovery in domestic demand and robust trade performance.

KUALA LUMPUR, April 2 — The ringgit rebounded against the US dollar to 4.13 at the opening today, fuelled by firmer crude oil prices amid the ease of the safe-haven greenback and US bond yields.

KUALA LUMPUR, Oct 13 — Malaysia's gross domestic product (GDP) growth is expected to rebound strongly in the third quarter of 2020 (Q3 2020), with a contraction of between -3.5 per cent to -4.5 percent compared to -17.1 per cent year-on-year (y-o-y) in Q2 2020.

KUALA LUMPUR, June 29 — The ringgit opened lower against the US dollar in early trading today in a cautious mode as the greenback remained strong as a safe-haven currency amid fears of a second wave of Covid-19.