KUALA LUMPUR, May 13 — The ringgit opened lower against the US dollar today due to expectations that the United States Federal Reserve (Fed) will maintain its tight monetary policy stance, thus supporting the dollar, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, May 6 — The ringgit continued its uptrend from Friday’s closing to open higher today amid the weakening greenback and lower US Treasury yields, analysts said.
KUALA LUMPUR, March 5 — The ringgit eased against the US dollar at the opening today on better demand for the greenback amid firmer US Treasury yields.
KUALA LUMPUR, May 25 — The ringgit opened marginally higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to softer US Treasury yields, said an analyst.
KUALA LUMPUR, Oct 1 — The ringgit ended higher against the US dollar on Friday, supported by improved sentiment towards the local currency, a dealer said.
KUALA LUMPUR, Sept 29 — The ringgit opens easier against the US dollar today in tandem with the decline in global crude oil prices.
KUALA LUMPUR, May 15 — The ringgit is expected to weaken against the US dollar next week at between 4.10 and 4.15, in line with the fear of the United States (US) inflation and Consumer Price Index (CPI) data released on Wednesday.
KUALA LUMPUR, May 8 — The ringgit is expected to trade on the upside bias moving between 4.1025 and 4.1225 next week, predominantly driven by the movement of the US dollar and influenced by the US Federal Reserve’s (Fed) taper decision.
KUALA LUMPUR, May 1 — The ringgit is expected to witness cautious trading against the greenback next week on the possibility of higher 10-year United States (US) Treasury yields, which will likely increase the risk appetite for the US dollar, an analyst said.
KUALA LUMPUR, April 24 — The ringgit is likely to trade higher against the US dollar next week as the greenback is expected to continue its downtrend, said a dealer.
KUALA LUMPUR, April 23 — The ringgit extended yesterday’s gains to end higher against the US dollar today amid softer US Treasury yields, said an analyst.
KUALA LUMPUR, April 22 — The ringgit ended higher against the US dollar today amid softer US Treasury yields, said an analyst.
KUALA LUMPUR, April 20 — The ringgit ended higher against the US dollar for a second consecutive day today on the back of stable oil prices, said an analyst.
KUALA LUMPUR, March 31 — The ringgit extended its decline to open slightly lower against the US dollar today, weighed down by a strengthening greenback and higher US Treasury yields.
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