Ringgit expected to trade in narrow range vs greenback ahead of BNM's OPR decision next week
KUALA LUMPUR: The ringgit is expected to trade within a narrow range against the US dollar next week as investors turn their attention to Bank Negara Malaysia's (BNM) Overnight Policy Rate (OPR) decision on Nov 5.
Ringgit extends rally against US dollar as traders reassess Fed rate hike prospects
KUALA LUMPUR: The ringgit extended its gains to close higher against the US dollar on Friday as traders reassessed the possibility of an interest rate hike by the US Federal Reserve (Fed), an analyst said.
Ringgit opens higher against US$ for 10th consecutive day
KUALA LUMPUR: The ringgit opened higher against the US dollar for the 10th consecutive trading day on Friday, reflecting sustained positive sentiment towards the local currency at the start of trading.
Ringgit extends gains against US dollar after Fed holds interest rates
KUALA LUMPUR: The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve's (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.
Ringgit opens higher against US$ on expectations of OPR normalisation
KUALA LUMPUR: The ringgit opened higher against the US dollar on Thursday, supported by the possibility of overnight policy rate (OPR) normalisation at Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting next week.
Ringgit ends higher against greenback amid confidence in Malaysia’s economic fundamentals
KUALA LUMPUR: The ringgit rebounded to close higher against the US dollar on Wednesday amid confidence in Malaysia's economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments and expectations of sustained domestic growth, an analyst said.
Ringgit opens higher against US$ for eight consecutive trading days
KUALA LUMPUR: The ringgit opened higher against the US dollar for the eighth consecutive trading day today, reflecting continued positive momentum in the local currency at the start of trading.
Ringgit ends higher against major currencies, eases vs US$
KUALA LUMPUR: The ringgit closed higher against major currencies, but eased against the US dollar on Tuesday, amid anticipation of the US Federal Open Market Committee's (FOMC) policy decision this week, an analyst said.
Ringgit opens higher against US$, major currencies
KUALA LUMPUR: The ringgit opened higher against the US dollar and other major currencies on Tuesday as Malaysia's resilient economic fundamentals continued to support the local note amid lingering geopolitical risks in West Asia, an analyst said.
Ringgit ends lower against US$, higher against most currencies
KUALA LUMPUR: The ringgit closed lower against the US dollar but strengthened against most major and ASEAN currencies on Monday as investors remained cautious ahead of the US Federal Reserve's (Fed) policy meeting, an analyst said.
