Ringgit Poised To See Profit-taking After This Week's Strong Rally
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit is expected to experience profit-taking next week following its strong rally over the last six trading days.
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By Zufazlin Baharuddin
KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit is expected to experience profit-taking next week following its strong rally over the last six trading days.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 22 (Bernama) -- The Malaysian rubber market is expected to trade higher next week, supported by stronger demand and concerns over potential supply constraints.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit ended the week on a strong footing against the US dollar despite higher United States Treasury yields.
KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit opened higher against most major currencies but eased slightly against the US dollar on Friday as investors turned cautious amid escalating tensions between the United States (US) and Iran, an economist said.
KUALA LUMPUR, Aug 20 (Bernama) -- Kossan Rubber Industries Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) had more than doubled to RM64.47 million from RM31.15 million in 2Q 2025, supported by improved performance across its divisions.
KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as concerns over the rising US government debt weighed on the greenback, dimming expectations of a US interest rate hike, an economist said.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Wednesday, supported by last-minute buying ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.
KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit opened higher against the US dollar, supported by expectations that the possibility of a US Federal Reserve (Fed) interest rate hike at its September meeting has receded, an economist said.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate hike in September weighed on the greenback.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 18 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, influenced by losses in regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer.
By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit opened higher against major currencies but was little changed against the US dollar on Tuesday, amid expectations that the possibility of a US interest rate hike in September has dropped, an economist said.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 17 (Bernama) -- The ringgit closed higher against major and regional currencies on Monday, including the greenback, as softer US economic data dampened expectations of a US Federal Reserve (Fed) interest rate hike in September.