FMC: Ongoing efforts to support sentiment on ringgit
PETALING JAYA: A sustained strengthening of the ringgit will spur greater interest for foreign exchange (forex) conversion by corporates with…
Category: Forex
Ringgit ends lower vs US dollar on strong nonfarm payroll data
KUALA LUMPUR: The ringgit ended lower against the US dollar as the greenback strengthened following higher-than-expected US nonfarm payroll (NFP)…
Asian currencies tepid as traders brace for central bank meetings
MOST Asian currencies were on the back foot on Monday, ahead of a week laden with central bank meetings, after…
Ringgit to strengthen in 2H24, end 2025 at RM4.40 vs US$ – BMI
KUALA LUMPUR: BMI, a Fitch Solutions company, expects ringgit to continue to strengthen in the second half of 2024 and early 2025, reaching RM4.40…
Ringgit easier against US$ on positive US payroll data
KUALA LUMPUR: The ringgit opened easier against the US dollar on Monday due to continued positive sentiment towards the greenback which was…
Ringgit ends higher as US$ retreats on selling activities
KUALA LUMPUR: The ringgit ended higher against the US dollar as the greenback retreated on selling activities after the United States (US) ISM…
Ringgit rebounds on selling activities in US$
KUALA LUMPUR: The ringgit rebounded to open higher against the US dollar after some selling activities in the greenback, said an analyst.
Bank Negara continues engagement with key stakeholders since release of main publications
KUALA LUMPUR: Bank Negara Malaysia (BNM) has organised several engagement sessions with various stakeholders since March 20, 2024, in conjunction with…
Dong forecast to weaken against US dollar in 2024
Analysts forecast that the Vietnamese dong may depreciate 3% against the US dollar in the first half of 2024 (1H24)…