Ringgit opens higher against retreating US$
KUALA LUMPUR: The ringgit opened higher against the US dollar on better buying support as the US Dollar Index (DXY) retreated after recent gains…
Category: Forex
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…
Ringgit weakens at opening as economic data prop up US$
KUALA LUMPUR: The ringgit slipped further against the US dollar when the market opened today, as positive United States economic data points…
Dollar is more armoured division than currency
THERE’S just no getting past the supremacy of the US dollar, much as sceptics of American influence wish for it…
Ringgit ends lower versus greenback amid higher US inflation data
KUALA LUMPUR: The ringgit ended lower against the US dollar as the greenback strengthened further, trading at a multi-month high…
China confuses yuan traders with surprise changes to fixing
Traders seeking to navigate the most crucial part of China’s foreign exchange management are finding visibility getting increasingly cloudy.
Yen hits 34-year low, sparking intervention hints
The yen dropped to its lowest level since 1990 yesterday, into the zone that triggered intervention by Japanese authorities in…
Yen on intervention watch; Asia shares subdued
The yen languished near its weakest in decades on Thursday though the threat of intervention from Japanese authorities kept investors…
Ringgit lower as risk-off mood emerges
KUALA LUMPUR: The ringgit retreated versus the US dollar in early trade today as risk-off mood emerged ahead of the US…