AmBank Group forecasts ringgit to appreciate further to RM4.5 by year-end
KUALA LUMPUR: AmBank Economic Research is forecasting the ringgit to appreciate further to around RM4.5 by the year-end against the…
Category: Forex
Ringgit strengthens to end higher against US dollar
KUALA LUMPUR: The ringgit continued to strengthen against the US dollar today after the US Dollar Index (DXY) retreated in…
Ringgit opens firmer versus US$ ahead of OPR announcement
KUALA LUMPUR: The ringgit opened firmer against the US dollar today on improved sentiment ahead of the Monetary Policy Committee’s (MPC) announcement on…
Ringgit marginally lower against greenback in early trade
KUALA LUMPUR: The ringgit opened marginally lower versus the US dollar today as investors are wary about the latest assessment…
Most Asian FX steady ahead of Powell speech, equities mixed
MOST Asian currencies were flat on Wednesday, ahead of a testimony by the U.S. Federal Reserve Chair Jerome Powell, while…
Ringgit lower against greenback at close
The ringgit ended lower against the US dollar yesterday on mild profit-taking following recent gains and investor disappointment with China’s…
Govt, Bank Negara taking action to encourage flows into forex market
KUALA LUMPUR: The government and Bank Negara are undertaking coordinated action to further increase flows into the foreign exchange market,…
Malaysia expects ringgit to rise this year, rules out currency peg
KUALA LUMPUR: Malaysia's finance ministry on Thursday dismissed adjusting monetary policy or pegging the ringgit to support the weakened currency, saying…
Ringgit strengthens against US dollar on BNM guidance
KUALA LUMPUR: The ringgit ended higher against the US dollar on Thursday, spurred by Bank Negara Malaysia’s comments on its…