KUALA LUMPUR, Oct 23 — The ringgit edged up against the US dollar in the early session on Wednesday, amidst cautious sentiments on the global economic front as recent losses prompted some investors to shift towards emerging currencies, said an analyst.
KUALA LUMPUR, Jan 22 —The ringgit closed lower today against the US dollar, as with other emerging currencies, as investors opted for the greenback on concerns over global economic prospects and ahead of US data later this week that may influence the interest rate outlook in the United States.
KUALA LUMPUR, Oct 20 — The ringgit opened higher against the US dollar today with investors trading cautiously ahead of the consumer price index (CPI) data scheduled to be released on Friday, which may give hints on the rate of inflation in the country.
KUALA LUMPUR, July 3 — The ringgit will continue to trade under pressure versus the US dollar next week as currency traders attentively track developments in the US as well as wait for Bank Negara Malaysia’s (BNM) monetary policy committee meeting next Thursday.
KUALA LUMPUR, July 2 — The ringgit ended lower against the US dollar on Friday due to persistent fears over the rapid spread of the highly contagious Delta variant of the Covid-19 virus in Asia, said economists.
KUALA LUMPUR, July 1 — The ringgit ended lower against the US dollar on the first trading day of July as the greenback rose ahead of US payroll data, while a weaker Malaysia Manufacturing Purchasing Managers’ Index (PMI) weighed on market sentiment.
KUALA LUMPUR, June 26 — External concerns will continue to play a big role in determining the direction of the ringgit next week, with investors keeping a close eye on developments in the United States.
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