KUALA LUMPUR, July 31 — The ringgit opened higher against the United States dollar and a basket of major currencies today, ahead of the 13th Malaysia Plan (13MP) announcement this afternoon, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, July 10 — The ringgit opened firmer against the United States dollar today, as markets shrugged off the 25-basis-point Overnight Policy Rate (OPR) cut to 2.75 per cent by Bank Negara Malaysia yesterday.
KUALA LUMPUR, July 9 — The ringgit opened slightly lower against the United States dollar today, as investors remained cautious ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting, with economists divided over the likelihood of an overnight policy rate (OPR) cut, said an analyst.
KUALA LUMPUR, July 3 — The ringgit opened higher against the United States dollar today, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the US’ 90-day tariff pause, an analyst said.
KUALA LUMPUR, July 2 — The ringgit opened stronger against the United States dollar today, supported by continued weakness in the greenback as fiscal uncertainties and tariff risks in the US weighed on sentiment, an analyst said.
KUALA LUMPUR, July 1 — The ringgit extended its upward trend at today’s open, buoyed by persistent weakness in the US dollar.
KUALA LUMPUR, June 26 — The ringgit extended its gains against the United States dollar today, buoyed by comments from US Federal Reserve (Fed) chair Jerome Powell highlighting uncertainty over the inflationary impact of tariffs.
TOKYO, May 26 — The euro jumped along with risk-sensitive currencies like the Australian dollar today after President Donald Trump backed down from threatened 50 per cent duties on European Union shipments from June 1, after the bloc asked for time to "reach a good deal".
KUALA LUMPUR, May 21 — The ringgit ended higher today as concerns over the fiscal health of the United States continued to weigh on the greenback.
KUALA LUMPUR, May 15 — The ringgit opened slightly lower against the US dollar as traders continue to observe the potential trade deal between the United States and China, along with geopolitical risks, said an economist.
KUALA LUMPUR, May 13 — The ringgit opened slightly higher against the United States dollar today, supported by positive sentiment from US-China diplomatic negotiations on US’ reciprocal tariffs, an analyst said.
KUALA LUMPUR, May 6 — The ringgit extended gains, opening stronger against the US dollar today, supported by ongoing positive sentiment towards the local currency, said an analyst.
KUALA LUMPUR, April 29 — The ringgit continued its uptrend in early trade on Tuesday, strengthening against the US dollar on buying interest in the local note, amid a decline in the US Dollar Index (DXY).
KUALA LUMPUR, March 24 — Bank Negara Malaysia (BNM) emphasised that structural reforms and policies must take precedence over excessive reliance on international reserves to manage currency fluctuations.
KUALA LUMPUR, Mar 4 — The ringgit kicked off the day by opening higher against the US dollar on Tuesday amid traders awaiting details of the United States tariff implementation, an analyst said.
KUALA LUMPUR, Feb 27 — The ringgit opened marginally higher against the United States dollar amid mixed market sentiment with the US Federal Reserve, which is likely to continue its interest rate cuts, with bond yields sliding amid uncertainties over tariffs.
KUALA LUMPUR, Feb 26 — The ringgit rebounded against the US dollar at the opening today after a weaker-than-expected US consumer confidence report weighed on the greenback, reinforcing the narrative that monetary policy easing in the United States should remain intact this year.
KUALA LUMPUR, Feb 13 — The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.
KUALA LUMPUR, Jan 16 — The ringgit opened slightly higher against the US dollar today amid tepid investor sentiment, as the US economic data came in slightly better than expected.
KUALA LUMPUR, Jan 15 — The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.
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