4h ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s ability to attract strong foreign direct investment (FDI) while domestic companies continue expanding overseas underscores the country’s growing economic strength, competitiveness and investor confidence in the country’s long-term prospects, economists said.
5h ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 24 (Bernama) -- The ringgit extended its gains to close higher against the US dollar and other major currencies, as well as ASEAN peers, on Wednesday, supported by stronger-than-expected economic data in Malaysia, which boosted investor confidence and market sentiment.
15h ago
KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened easier against the US dollar this morning and is expected to remain range-bound ahead of the United States' Personal Consumption Expenditures (PCE) inflation report due on Thursday.
1d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 23 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar and ASEAN currencies, and was mostly firmer against other major currencies on Tuesday as investors await the United States Purchasing Managers’ Index (PMI) June data release tonight.
1d ago
KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said.
2d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 22 (Bernama) -- The ringgit eased against the US dollar on Monday, as growing uncertainties surrounding the West Asia conflict and expectations of a potential United States (US) Federal Reserve (Fed) interest rate hike fuelled demand for the greenback.
2d ago
KUALA LUMPUR, June 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to Turkmenistan, which saw Petroliam Nasional Bhd (Petronas) cement new agreements after a 30-year presence in the country, should be viewed as more than a diplomatic mission, economists said.
2d ago
KUALA LUMPUR, June 22 (Bernama) -- The ringgit opened lower against the US dollar on Monday, but strengthened against other major currencies amid cautious trading as market players closely watched West Asia geopolitical tensions unfolding.
4d ago
KUALA LUMPUR, June 20 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar next week amid persistent expectations of a possible US Federal Reserve (Fed) rate hike later this year.
5d ago
By K. Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this year continued to drive the greenback.
5d ago
KUALA LUMPUR, June 19 (Bernama) -- The ringgit opened higher against the US dollar today, recovering from yesterday's sharp decline amid cautious market sentiment following the US Federal Reserve's (Fed) latest policy decision.
6d ago
By K. Naveen Prabu
KUALA LUMPUR, June 18 (Bernama) -- The ringgit closed lower against the US dollar on Thursday as expectations of a possible US Federal Reserve (Fed) interest rate hike later this year boosted demand for the greenback.