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Ringgit Eases Against US Dollar Amid Rising West Asia Tensions

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.

Anwar's Turkmenistan Visit, Petronas' New Agreements A Boon To Malaysian Companies' Credibility

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.

AI Boom, Strong Energy Demand Drive Malaysia's Trade Growth In Jan-May 2026 - Matrade

KUALA LUMPUR, June 22 (Bernama) -- Strong global demand for artificial intelligence (AI) infrastructure and energy products continued to support Malaysia's trade growth in the first five months of 2026, according to the Malaysia External Trade Development Corporation (MATRADE).

Ringgit Eases Vs Greenback, Mostly Up Against Other Currencies

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.

Anwar’s Russia, Turkmenistan Visits Strengthen Malaysia’s Energy Security - BRICS International Malaysia

KUALA LUMPUR, June 21 (Bernama) -- BRICS International Malaysia welcomes the positive outcomes of Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Russia and Turkmenistan, particularly in advancing Malaysia’s long-term energy security, enhancing oil and gas cooperation and strengthening strategic economic partnerships.

Indonesia's New Palm Oil Export Framework Draws Close Watch From Malaysia, Global Markets

JAKARTA, June 20 (Bernama) -- Indonesia's plan to tighten oversight of strategic commodity exports through a new state-linked monitoring framework is being closely watched by industry players in Malaysia as well as buyers and traders in major markets, with analysts assessing its potential implications for the global palm oil trade.

Ringgit Expected To Stay Softer Vs US Dollar Next Week

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.

Ringgit Closes Lower Against Greenback Amid Continued Expectation For Fed Rate Hike

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.

Malaysia’s Total Trade Rises 29.8 Pct To RM327.6 Bln In May 2026 -- DOSM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia’s total trade in May 2026 rose by 29.8 per cent year-on-year to RM327.6 billion from RM252.5 billion a year ago, driven by stronger growth in both exports and imports, the Department of Statistics Malaysia (DOSM) said.

JTB To Acquire Asia DMC Operator EXO Travel

KUALA LUMPUR, June 19 (Bernama) -- JTB Corp has agreed to acquire all shares of Bangkok-based EXO Travel Group through a group company in the Asia-Pacific (APAC) region, strengthening its destination management capabilities and expanding its global travel network.

Ringgit Opens Higher Against US Dollar

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.

Malaysia Has To Be Bold In Strengthening Economic Relations With Russia -- Anwar

From Nurul Hanis Izmir

KAZAN, June 18 (Bernama) — Malaysia needs to be more bold and aggressive in strengthening economic relations with Russia and other countries that have the potential to benefit the nation, Prime Minister Anwar Ibrahim said.