Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally
The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.
Wed Oct 09 2024
US rate cut, Malaysia's structural reforms and economic outlook fuelling ringgit recovery - BNM
Datuk Seri Abdul Rasheed said Malaysia's positive economic outlook and structural reforms are also propelling the ringgit's rise.
Fri Sep 20 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
Bursa Malaysia starts firmer despite Wall Street's mixed performance
Investors focused on the US Federal Reserve's semi-annual testimony to assess the US economic growth and monetary policy paths.
Tue Jul 09 2024
Ringgit easier vs US dollar amid expectations of tight US monetary policy
A chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to move in a narrow range today.
Mon May 13 2024
Khazanah Nasional records better profit from operations of RM5.9 bln in FY2023
Its stronger performance driven by higher dividends and distributions from investee companies, fair value gains and capital preservation.
Mon Mar 11 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
Ringgit extends gains against greenback on expectation of slower US interest rate hike pace
The ringgit continued its positive momentum this morning to open slightly higher against the greenback on the expectation of a US Federal Reserve downshift to a 25 basis points interest rate hike.
Mon Jan 16 2023
US Fed says higher interest rates will remain
Higher interest rates will stay in place until the US Federal Reserve is confident that surging inflation is on a path toward stability, according to a Fed meeting summary released this week.
Fri Jan 06 2023
Ringgit slips further against US dollar on market uncertainty
The ringgit was traded mostly lower against a basket of major currencies this morning.
Tue Dec 13 2022
Ringgit opens flat against US dollar
Diniz said that investors are beginning to wonder when the US Federal Reserve will change its monetary policy on interest rates.
Wed Dec 07 2022
Bursa Malaysia opens higher following upbeat Wall Street performance
At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI rose by 4.08 points to 1,492.88 from yesterday's closing of 1,488.80.
Thu Dec 01 2022
Ringgit opens almost flat vs US dollar
At 9 am, the local note rose to 4.5050/5100 against the US dollar from yesterday's close of 4.5060/5130.
Wed Nov 30 2022
Exchange rate not a barometer of health for Malaysia's economy - BNM Governor
Nor Shamsiah said year-to-date, the ringgit has depreciated by 11.2 per cent against the greenback, in line with regional trends.
Fri Nov 11 2022
Ringgit opens higher against US dollar
At 9.18 am, the local currency rose to 4.4550/4600 versus the greenback from Tuesday's close of 4.4570/4585
Wed Jul 27 2022