Friday, 31 March 2017 KUALA LUMPUR: The ringgit was lower against a rejuvenated US dollar early Friday. At 9.23 am (0123gmt) Friday, the ringgit was quoted at 4.4220/4260 against the dollar from 4.4190/4220 at 6pm on Thursday. The greenback rose on a combination of technical trading and strong first quarter …
Read More »Ringgit lower against US$ early Tuesday, 28 March 2017
Tuesday, 28 March 2017 KUALA LUMPUR: The ringgit opened lower against the US dollar Tuesday on mild profit taking after Monday’s sharp gain. At 9 am (0100gmt), the local note was traded at 4.4150/4200 against the greenback from Tuesday’s close of 4.4090/4130. A dealer said traders took profit, as technically, …
Read More »Malaysia Ringgit at strongest showing so far this year as US$ declines
Tuesday, 28 March 2017 PETALING JAYA: The ringgit is poised to trend upwards on the domestic currency strengthening to RM4.4135 as at 5pm yesterday, its strongest showing year to date. This came about amidst the continuing decline of the US dollar. Supported by measures taken by Bank Negara last December …
Read More »Ringgit opens higher as dollar hit by Trumpcare failure on Monday, 27 March 2017
Monday, 27 March 2017 KUALA LUMPUR : The ringgit opened higher against the US dollar today on commercial demand as the greenback lost ground as concerns mounted over President Donald Trump’s inability to overhaul the US healthcare system, a dealer said. At 9 am, the local note was traded at …
Read More »Ringgit higher against US$ early Friday, 24 March 2017
Friday, 24 March 2017 KUALA LUMPUR: The ringgit rebounded to open higher against the US dollar Friday as Bank Negara’s projection of a 4.3% – 4.8% growth for the Malaysian economy, this year, was viewed positively by market players. At 9 am (0100gmt) the local note was traded at 4.4250/4330 …
Read More »Ringgit continues uptrend against US$ early Tuesday, 21 March 2017
Tuesday, 21 March 2017 KUALA LUMPUR: The ringgit opened higher against the US dollar again Tuesday morning as the greenback remained under pressure after a hawkish stance by the Federal Reserve on interest rate increases. At 9 am(0100gmt), the local note was traded at 4.4230/4270 against the greenback from Monday’s …
Read More »Ringgit opens higher against US$ Thursday, 16 March 2017
Thursday, 16 March 2017 KUALA LUMPUR: The ringgit opened higher against the US dollar Thursday as the greenback lost ground after the US Federal Reserve (Fed) increased interest rates on Wednesday. At 9 am (0100gmt), the local note was traded at 4.4300/4350 against the greenback from Wednesday’s close of 4.4460/4500. …
Read More »Currencies in South-East Asia steady ahead of Fed rate hike
Thursday, 16 March 2017 PETALING JAYA: Emerging-market currencies in South-East Asia are holding steady ahead of this week’s United States Federal Reserve (Fed) meeting, which may potentially see another interest rate hike. This is in stark contrast to last December when emerging-market currency exchange rates steeply weakened ahead of the …
Read More »Ringgit opens lower against US$ Tuesday, 7 March 2017
Tuesday, 7 March 2017 KUALA LUMPUR: The ringgit opened slightly lower against the US dollar on better demand for the greenback, as some traders were still cautious ahead of the next US Federal Reserve (Fed) meeting on 14-15 March. At 9.03 am, the local unit was traded at 4.4490/4540 …
Read More »Ringgit lower against US$ Monday, 27 February 2017
Monday, 27 February 2017 KUALA LUMPUR: The ringgit opened lower Monday on lack of demand and cheaper crude oil prices, dealers said. At 9.15 am(0115gmt), the local unit was traded at 4.4400/4460 against the greenback from 4.4370/4440 on Friday. Brent crude oil was 0.04% easier at US$55.97 a barrel. However, …
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