KUALA LUMPUR, April 22 — Bank Muamalat Malaysia Bhd has become the first Amanah Saham Nasional Berhad (ASNB) agent to serve as a distribution channel for ASNB Wakaf services.
KUALA LUMPUR, Dec 23 — The ringgit opened stronger against the US dollar today, supported by a decline in the US Dollar Index (DXY) last Friday, according to an economist.
KUALA LUMPUR, Dec 20 — The ringgit opened nearly flat against the US dollar as the outcome of the two-day Federal Open Market Committee (FOMC) meeting and stronger US economic data are expected to remain supportive of the dollar, an economist said.
KUALA LUMPUR, June 21 — The ringgit opened lower against the US dollar today as investors remained in favour of the safe haven currency amid a cautious global economic outlook, an economist said.
KUALA LUMPUR, April 12 — The ringgit opened easier against the US dollar today with traders maintaining their focus on the greenback with higher-than-expected US inflation data.
KUALA LUMPUR, Feb 6 — The ringgit slipped further against the US dollar as the greenback stayed firm on expectation of a higher-for-longer interest rate stance in the United States (US).
KUALA LUMPUR, Dec 22 — The ringgit continued to trend higher as it strengthened against the US dollar in the early session on Friday following weaker US economic data, an economist said.
KUALA LUMPUR, Dec 21 — The ringgit extended its uptrend to open marginally higher against the US dollar today amid positive sentiment on anticipation of global interest rate cuts next year, an analyst said.
KUALA LUMPUR, Dec 18 — The ringgit extended its uptrend to open marginally higher against the US dollar on Monday on follow-through positive sentiment after the US Federal Reserve (Fed) signalled an end to interest rate hikes last week, said an analyst.
KUALA LUMPUR, Dec 13 — The ringgit ended easier against the greenback on Wednesday while market participants awaited the Federal Open Market Committee meeting outcome tonight, said an analyst.
KUALA LUMPUR, Dec 12 — The ringgit opened higher against the US dollar today amid cautious trade as investors kept an eye on major developments, including the release of US inflation data and Malaysia’s Cabinet reshuffling.
KUALA LUMPUR, Dec 9 — The ringgit is expected to trade in cautious mode with an upward bias against the US dollar next week ahead of a decision by the US Federal Reserve (Fed) on its monetary policy.
KUALA LUMPUR, Dec 8 — The ringgit ended higher against the greenback today as forex traders awaited the release of the US nonfarm payrolls (NFP) data later tonight, which will provide further clarity on the interest rate outlook of the United States.
KUALA LUMPUR, Dec 7 — The ringgit ended lower against the US dollar for the third consecutive day despite signs that a weak labour market in the United States (US) could tilt the US Federal Reserve’s (Fed) monetary stance towards an easing bias.
KUALA LUMPUR, Dec 5 — The ringgit ended lower against the US dollar on Tuesday following the weakening in the Chinese yuan after ratings agency Moody's cut its outlook on China's government credit ratings to negative.
KUALA LUMPUR, Dec 4 — The ringgit closed higher against the US dollar today on the expectation that US interest rate hikes are over after dovish comments by US Federal Reserve (Fed) chairman Jerome Powell on Friday.
KUALA LUMPUR, Oct 5 — The ringgit opened higher against the US dollar this morning, as the local currency received some support after the US dollar index (DXY) declined to 106.773 points in anticipation of the release of the United States (US) Nonfarm Payroll (NFP) data tomorrow.
KUALA LUMPUR, Oct 3 — The ringgit continued to trade on the back foot today, opening lower against the US dollar following better-than-expected United States' (US) ISM Manufacturing Index data.
KUALA LUMPUR, March 27 — The ringgit was traded slightly lower against the US dollar in the early session today due to escalating market uncertainties, according to an economist.
By Sheeda Fathil SHAH ALAM, Jan 11 — The Selangor State Development Corporation (PKNS) and Bank Muamalat have signed a memorandum of understanding (MOU) that opens up opportunities for more people to own homes, today. PKNS chief executive officer Dato' Mahmud Abbas said Bank Muamalat offers...
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