Ringgit edges higher vs US dollar after BNM holds rate at 3 pct
BNM held the interest rate steady as the current monetary policy stance remains supportive of the economy.
Fri Sep 06 2024
Ringgit easier against US dollar but higher versus other major currencies in early trade
Dr Mohd Afzanizam Abdul Rashid said the ringgit should stay positive today as the Fed is on track to reduce its interest rates this month.
Mon Sep 02 2024
Ringgit rebounds to open higher vs US dollar
US Federal Reserve chair Jerome Powell said the central bank will not wait until inflation hits two per cent to cut interest rates.
Tue Jul 16 2024
Ringgit extends gains versus US dollar in early trade
The ringgit extended its gains to open firmer against the US dollar on Friday, driven by the growing prospect of an interest rate cut.
Fri Jul 12 2024
Ringgit opens lower vs US dollar, stronger against other major currencies
The ringgit continued to open lower against the U.S. dollar amid higher-than-expected U.S. inflation data which suggested the Federal Reserve (Fed) might keep the interest rate steady.
Wed Feb 14 2024
Ringgit opens higher vs greenback amidst Fed's interest rate decision
The ringgit opened higher against the US dollar on Friday after the United States Federal Reserve decided to maintain its interest rate at 5.5 per cent.
Fri Feb 02 2024
![[COLUMNIST] The EPF in an environment of interest rate hikes](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-03/81648627847_KWSPLogo.jpg "[COLUMNIST] The EPF in an environment of interest rate hikes")
[COLUMNIST] The EPF in an environment of interest rate hikes
EPF's financial performance for the first three quarters of FY 2023 is expected to have been sustained in the fourth quarter.
Mon Jan 22 2024
AWANI Review: Digital Lending - Unlocking Fast, Secure Credit
When faced with financial pressures, many people turn to fast credit options, sometimes resorting to unregulated methods with high-interest rates and potential debt traps. Direct Lending strives to offer a safe and affordable alternative for borrowers who might be overlooked by traditional financial institutions.
Sat Jan 20 2024
US Fed leaves interest rates unchanged amid surging Treasury yields
The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 per cent, as yields on long-term US Treasury bonds have spiked in recent months, reported Xinhua.
Thu Nov 02 2023
Fixed income markets show signs of improving amid rising rates
As interest rates continue to rise globally, there are indications of improvement in the fixed income markets this year.
Fri Aug 04 2023
Bank Negara maintains Overnight Policy Rate at 3.00 pct
Global growth, however, remains weighed down by persistent core inflation and higher interest rates, BNM said.
Thu Jul 06 2023
EPF aiming to boost investment income
Datuk Seri Amir Hamzah Azizan said easing concerns over issues such as interest rate hikes will help in generating better returns.
Tue Jun 13 2023
![[COLUMNIST] Maintaining interest rate stability would have provided the necessary monetary policy space](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-03/81678505219_duitringgit.jpg "[COLUMNIST] Maintaining interest rate stability would have provided the necessary monetary policy space")
[COLUMNIST] Maintaining interest rate stability would have provided the necessary monetary policy space
A pause would have provided the monetary policy space by cushioning the impact of a slowdown whilst allowing for cuts later.
Mon May 22 2023
US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike
The Fed raised its benchmark interest rate by another 25 basis points despite a banking crisis causing turmoil in the US financial sector.
Thu Mar 23 2023
Asian shares subdued after Fed hints at rate pause
Asian shares inched higher after the Fed Reserve hinted it could pause interest rate hikes following turmoil in the banking sector.
Thu Mar 23 2023