KUALA LUMPUR, March 26 — The ringgit extended gains to open higher on Tuesday morning as the US dollar dipped after China’s central bank intervened to support the yuan.
KUALA LUMPUR, Feb 20 — The People’s Bank of China (PBOC) unexpectedly cutting its key borrowing rate more than what the market anticipated drove major regional currencies, including the ringgit, to trade lower against the US Dollar, mirroring the trend of the Chinese renminbi.
BEIJING, Nov 20 — China's central bank left its benchmark lending rates unchanged on Monday as any additional easing could weaken the currency, reported dpa-AFX.
BEIJING, Sept.
BEIJING, Sept 27 — China's central bank said today that it would step up policy adjustments and implement monetary policy in a "precise and forceful" manner to support the economic recovery.
KUALA LUMPUR, Aug 22 – The ringgit opened little changed against the US dollar this morning on mixed market sentiment as concerns over global growth have escalated following the recent policy rate cut by the People's Bank of China, said an analyst.
KUALA LUMPUR, June 28 — The ringgit ended lower today due to strong US economic data overnight that saw the broader dollar clawing back some gains, said an analyst.
KUALA LUMPUR, Nov 10 — The ringgit closed lower against the US dollar on Wednesday, trading in a tight range as data points to inflation as the key risk factor for the economic outlook.
KUALA LUMPUR, March 20 — The ringgit is expected to trade in a cautious mode next week, tracking the performance of other emerging market currencies and the trajectory of US bond yields, said analysts.
KUALA LUMPUR, Feb 5 — The ringgit weakened further against the US dollar at the opening on Friday, spurred by buying interest for the greenback as it continued to rally following high Covid-19 vaccination rates and concerns over an interest rate increase by the People's Bank of China (PBoC), said a dealer.
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