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Mohd Sedek also said the ringgit’s depreciation may be cushioned by increased foreign funds inflows into Malaysia’s capital markets. "With Wall Street reaching record highs, portfolio ...
Real Madrid head to the top of La Liga with two late goals in a 2-1 win against struggling Valencia. Luka Modric and Jude Bellingham rescued a win for the away team, who played the final ten ...
Apart from the US monetary policy, the ringgit's performance in 2024 can be attributed to a combination of factors, including coordinated efforts between the government and Bank Negara Malaysia ...
The ringgit closed lower against the US dollar on the last trading day of 2024 on rising demand for the safe-haven currency amid ongoing global economic uncertainties. Bank Muamalat Malaysia Bhd ...
At 8 am, the ringgit remained unchanged at 4.4680/4750 against the greenback, matching last Friday’s close. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the holiday ...
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KUALA LUMPUR, Dec 26 — The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter. At 6 pm, the ringgit rose to 4.4670/4715 ...
The ringgit was almost flat against the US dollar in early trade on Friday, despite the higher US dollar index (DXY), said an analyst. At 8.13am, the ringgit stood at 4.4350/4450 against the US ...
MIDF Research has set an optimistic tone for the Malaysian ringgit in 2024, forecasting an appreciation to RM4.20 by the year-end. This projection follows a challenging year in 2023, during which the ...
The ringgit’s weakness, however, does not reflect economic fundamentals as Bank Negara Malaysia (BNM) has made it clear that the underperformance of the ringgit comes from external factors outside the ...