Ringgit extends gains against greenback amid softer oil prices
KUALA LUMPUR: The ringgit made further gains today, closing slightly higher against the US dollar amid softer crude oil prices following strategic petroleum reserve (SPR) releases.
Ringgit hits strongest level versus Singapore dollar since 2021
MALAYSIA's ringgit rose to the strongest versus the Singapore dollar in five years as higher energy prices support the net energy exporter, which was also propelled by optimism over artificial intelligence.
Ringgit firms against US$, may see further gains
KUALA LUMPUR: The ringgit traded firmer against the US dollar this morning amid cautious investor positioning ahead of the United States (US) Federal Reserve's (Fed) policy decision and improving risk appetite.
Ringgit opens firmer vs US$ on improved sentiment
KUALA LUMPUR: The ringgit opened higher against the US dollar today, buoyed by improved global sentiment as market participants reacted positively to developments in the oil market.
Currency bears beware, Asia’s central banks are drawing a line
SINGAPORE: The worst may soon be over for Asia's emerging market currencies, which have come under pressure from the Iran war, as central banks have begun stepping up their support, having stashed away extra reserves for just such a situation.
Ringgit ends higher against US dollar, other major currencies amid stable regional sentiment
KUALA LUMPUR: The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand.
Ringgit opens marginally higher against US$ amid cautious sentiment
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on Monday, supported by mild dollar weakness, though persistent geopolitical uncertainties and elevated oil prices capped gains.
Ringgit rises against other currencies, eases vs US dollar at close
KUALA LUMPUR: The ringgit ended higher against other major currencies but eased against the US dollar at Friday's close as investors remained cautious amid the escalating conflict in West Asia, which has heightened concerns over oil supply disruptions.
Ringgit opens easier against US$, firmer against majors
KUALA LUMPUR: The ringgit opened higher against a basket of major currencies but weakened against the US dollar on Friday, as escalating tensions in West Asia dampened risk appetite, an economist said.
Ringgit eases against the US dollar
The ringgit ended lower against the US dollar at the close yesterday on concerns over oil supply disruptions amid the war in Iran.
