7h ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit is expected to remain bullish next week although there could be profit-taking activities due to the recent appreciation, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
7h ago
By K. Naveen Prabu
KUALA LUMPUR, Nov 8 (Bernama) -- The rubber market is expected to trade within a narrow range next week as mixed global cues continue to shape sentiment, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).
18h ago
By K. Naveen Prabu
KUALA LUMPUR, Nov 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today on a stronger ringgit, according to palm oil trader David Ng.
22h ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.
1d ago
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.
1d ago
KUALA LUMPUR, Nov 6 (Bernama) -- PNB Merdeka Ventures Sdn Bhd has completed the inaugural issuance of the Sustainability Merdeka Sukuk Wakalah under its Merdeka Sukuk Wakalah Programme of up to RM6 billion in nominal value as part of its funding diversification strategy.
1d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed higher on Thursday, remaining steady at the 4.18 level after Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 2.75 per cent during its final Monetary Policy Committee (MPC) meeting of 2025.
2d ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
2d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.
2d ago
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit continues to strengthen against the US dollar this morning after closing 0.14 per cent higher at yesterday’s close, with all eyes on Bank Negara Malaysia’s Monetary Policy Committee’s decision on the overnight policy rate (OPR) later today.
2d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday ahead of the Overnight Policy Rate (OPR) announcement tomorrow.
3d ago
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.