Ringgit retreats after two days of gains ahead of US inflation data
KUALA LUMPUR: The ringgit retreated to close lower against the US dollar on Wednesday, snapping two consecutive days of gains on caution ahead of…
Category: Forex
Japan makes strongest intervention warning as yen hits 34-year low
TOKYO: Japan's finance minister issued his strongest warning to date on Wednesday about yen weakness as it fell to a 34-year…
Ringgit ends higher against US$ ahead of US PCE
KUALA LUMPUR: The ringgit continued its upward momentum to close higher against the US dollar today as traders trimmed their positions on the…
Ringgit extends gain to open higher at 4.71 against US$
KUALA LUMPUR: The ringgit extended gains to open higher on Tuesday morning as the US dollar dipped after China’s central bank…
Ringgit is undervalued, will appreciate over time
KUALA LUMPUR: Bank Negara has reiterated that the ringgit is currently undervalued and will appreciate over time as the economy…
Ringgit ends higher against US dollar on positive sentiment
KUALA LUMPUR: The ringgit appreciated against the US dollar at the close today, supported by positive sentiment as the US…
Ringgit opens higher, on track to achieve RM4.50 vs US$ at year end
KUALA LUMPUR: The ringgit opened higher against the US dollar on Thursday after the US Federal Open Market Committee (FOMC) opted to keep…
Ringgit moves in tight range but closes marginally higher ahead Fed meeting outcome
KUALA LUMPUR: The ringgit traded in a tight range today but closed marginally higher as investors awaited interest rate outlook…
Ringgit opens slightly higher vs dollar ahead of major developments
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today ahead of Bank Negara Malaysia Malaysia’s (BNM) Annual Report 2023…