Ringgit Expected To Trade In Narrow Range Vs Greenback Ahead Of BNM's OPR Decision Next Week
By Engku Shariful Azni Engku Ab Latif
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By Engku Shariful Azni Engku Ab Latif
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Friday as traders reassessed the possibility of an interest rate hike by the US Federal Reserve (Fed), an analyst said.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur rubber market closed lower on Friday, weighed down by weaker sentiment in regional rubber futures markets and a stronger ringgit against the US dollar, a dealer said.
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar for the 10th consecutive trading day on Friday, reflecting sustained positive sentiment towards the local currency at the start of trading.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.
KUALA LUMPUR, Oct 29 (Bernama) -- The government is confident that economic growth will exceed 5.0 per cent this year, marking the third consecutive year of growth above 5.0 per cent under the MADANI Government, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by the possibility of overnight policy rate (OPR) normalisation at Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting next week.
KUALA LUMPUR, Oct 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has raised Malaysia’s 2026 Producer Price Index (PPI) growth forecast to 7.4 per cent from 6.4 per cent previously, amid persistent energy market risks from the prolonged conflict in West Asia.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar on Wednesday amid confidence in Malaysia’s economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments and expectations of sustained domestic growth, an analyst said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, tracking gains in regional rubber futures, said a dealer.
KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened higher against the US dollar for the eighth consecutive trading day today, reflecting continued positive momentum in the local currency at the start of trading.