KUALA LUMPUR, March 6 — The government will continue to strengthen economic ties and diversify markets with key countries, including BRICS nations, in addition to expanding cooperation with countries in Asia, the Middle East, the European Union (EU), and other regions to reduce dependence on a single market.
KUALA LUMPUR, Sept 30 — The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.
KUALA LUMPUR, May 8 — The ringgit retraced yesterday's gains to open weaker on Wednesday, as the greenback strengthened against other major currencies, analysts said.
KUALA LUMPUR, March 4 — The ringgit opened higher against the US dollar and other major currencies on Monday, in anticipation of Bank Negara Malaysia's (BNM) decision on the overnight policy rate (OPR) on March 7.
KUALA LUMPUR, Jan 11 —The ringgit retreated from recent gains to close slightly lower against the US dollar on Thursday as concerns over the US consumer price index (CPI) data to be released later shifted investor appetite to safe haven currencies, including the greenback, dealers said.
KUALA LUMPUR, Jan 10 — The ringgit continued its positive momentum to close higher against the US dollar on Wednesday as more investors returned to emerging currencies on mixed signals from the global economic front, dealers said.
KUALA LUMPUR, Nov 28 — The ringgit extended yesterday’s gains to open higher against the US dollar on Tuesday amid the weakening greenback and lower US Treasury yields, an analyst said.
KUALA LUMPUR, June 8 — The ringgit took a dip against the US dollar at the opening today as traders anticipate global central banks’ move on interest rate hikes which appear to be far from over, an economist said.
KUALA LUMPUR, Feb 3 — The ringgit depreciated as the US dollar regained its strength amidst the European Central Bank (ECB) and Bank of England’s (EoB) dovish tone on inflation.
KUALA LUMPUR, Sept 10 — The ringgit remained unchanged against the US dollar at Friday’s opening after Bank Negara Malaysia’s (BNM) move to maintain the overnight policy rate at 1.75 per cent, as well as the Statistics Department’s report on the unemployment rate, which remained at 4.8 per cent in July 2021.
KUALA LUMPUR, March 27 — The ringgit is expected to rebound slightly against the US dollar next week, riding on improved market sentiment backed by potentially higher global oil prices.
KUALA LUMPUR, March 3 — The ringgit remained higher versus the US dollar at Wednesday’s opening on moderate buying interest amid a drop in the greenback against the G-10 currencies.
KUALA LUMPUR, March 2 — The ringgit was slightly higher at the opening on Tuesday, buoyed by mild interest despite the stable US dollar and lower crude oil price which is trading at US$63.69 per barrel, down by 1.13 per cent.
KUALA LUMPUR, March 1 — The ringgit opened lower against the US dollar on Monday, hobbled partly by the domino effect of risk-off sentiment on the crude oil market as investors turned cautious ahead of next week’s Organisation of the Petroleum Exporting Countries (OPEC) meeting.
KUALA LUMPUR, Feb 26 — The ringgit extended its downtrend against the US dollar on Friday morning, as the stronger greenback sentiment curbed risk appetite for the local currency, a dealer said.
KUALA LUMPUR, Feb 23 — The ringgit opened almost unchanged against the US dollar on Tuesday morning, as mixed sentiment brought about by the COVID-19 vaccine, coupled with a weaker greenback, kept investors on a wait-and-see attitude for bigger market catalysts, dealers said.
KUALA LUMPUR, Jan 22 — The ringgit retreated against the US dollar in opening trade today and was traded mixed against a basket of major currencies ahead of the weekend.
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