KUALA LUMPUR, May 20 — The ringgit opened marginally lower against the US dollar today as traders remained cautious ahead of a possible interest rate cut by the United States Federal Reserve (Fed), an analyst said.
KUALA LUMPUR, Oct 18 — The ringgit traded slightly higher against the US dollar at the opening as traders anticipated that the local currency would trade sideways while focusing on next year’s fiscal deficit targets, even as global banks continued to pursue easy monetary policies.
JAKARTA, Oct 16 — Indonesia's central bank has maintained the interest rate at six per cent after reducing it by 0.25 percentage points last month, said Governor of Bank Indonesia, Perry Warjiyo today, reported Xinhua.
KUALA LUMPUR, Sept 13 — The ringgit opened higher against the weakening greenback today as the latest US economic data reinforced expectations for an interest rate cut in the United States, an economist said.
KUALA LUMPUR, Aug 28 — The ringgit continued to advance against the US dollar and revisited the 4.33 level at opening today, despite the better-than-expected US economic data, said an analyst.
BENGALURU, May 7 — Bank Negara Malaysia (BNM) will leave its key interest rate at 3.00 per cent and keep it unchanged at least until 2026, despite a weakening currency and a steady inflation outlook, a Reuters poll of economists found.
KUALA LUMPUR, March 29 — The ringgit opened softer against the US dollar on Friday on rising bets that the United States (US) might delay its rate cuts based on recent economic data.
KUALA LUMPUR, March 20 — The ringgit opened slightly higher against the US dollar today ahead of Bank Negara Malaysia Malaysia’s (BNM) Annual Report 2023 and the United States Federal Reserve (Fed) decision on interest rates.
KUALA LUMPUR, Feb 2 — The ringgit opened higher against the US dollar on Friday after the United States Federal Reserve (Fed) decided to maintain its interest rate at 5.5 per cent.
KUALA LUMPUR, Jan 31 — The ringgit opened marginally higher against the US dollar today, as market players remain cautious ahead of the US Federal Reserve’s (US Fed) decision on the interest rate in their first meeting on Wednesday.
KUALA LUMPUR, Jan 18 — The ringgit rebounded to open marginally higher against the US dollar amid a volatile market on unclear direction of a possibility of interest rate cut, an economist said.
KUALA LUMPUR, Jan 9 — The ringgit is expected to be one of the best-performing currencies in the region in 2024, with it ending the year at RM4.40 against the US dollar, said the Affin Group.
KUALA LUMPUR, Dec 27 — The ringgit opened marginally higher against the US dollar on Wednesday as risk sentiment remained driven by anticipation of a Federal Reserve interest rate reduction in March next year, said an analyst.
KUALA LUMPUR, Nov 27 — The ringgit closed higher against the US dollar compared to last Friday, ahead of the United States (US) Personal Consumption Expenditures (PCE) inflation data set to be unveiled later this week.
KUALA LUMPUR, Oct 26 — The ringgit slid against the US dollar at Thursday’s close on the back of a spike in bond yields amid fears the United States' (US) interest rates will stay high for longer.
SINGAPORE, Oct 18 — Malaysia’s real gross domestic product (GDP) is expected to grow 4.3 per cent in 2024, up from the 4.0 per cent growth expected for 2023.
BANGKOK, Sept 27 — The Bank of Thailand (BOT) unexpectedly raised its key interest rate by 0.25 per cent to 2.50 per cent, the highest in a decade, in a bid to curb surging inflation.
KUALA LUMPUR, June 13 — The ringgit continued to open weaker versus the US dollar today as cautious sentiments prevailed ahead of the United States (US) Federal Reserve’s (Fed) interest rate decision on Wednesday.
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, June 7 — The ringgit rebounded from its losses to open marginally higher against the US dollar today, supported by the rising oil price amid a slightly weaker greenback.
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