Ringgit Closes Flat As FOMC Minutes Weigh On US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 9 (Bernama) -- The ringgit closed flat against the US dollar after the latest US Federal Open Market Committee (FOMC) minutes suggested a less unified stance on further policy tightening, an analyst said.

Ringgit Rises As Fed Minutes Weigh On US Dollar 

KUALA LUMPUR, July 9 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday as the greenback weakened after the release of minutes from the US Federal Open Market Committee (FOMC) meeting.

BNM To Keep OPR At 2.75 Pct On Contained Inflation, Growth -- Kenanga IB

KUALA LUMPUR, July 8 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent through 2026 on contained inflation and resilient domestic growth, said Kenanga Investment Bank Bhd (Kenanga IB).

Ringgit Ends Higher On Weaker Greenback, Firmer Oil

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed higher against the US dollar today, tracking gains in regional currencies as a weaker greenback and firmer crude oil prices lifted sentiment, an analyst said.

BNM To Keep OPR Unchanged At 2.75 Pct -- Economists

By Karina Imran

KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.

RHB IB Projects Malaysia's 2026 GDP Growth At 4.7 Pct 

KUALA LUMPUR, July 6 (Bernama) -- Malaysia's gross domestic product (GDP) is projected to grow 4.7 per cent in 2026, with a modest upside bias, supported by stronger-than-expected export performance, resilient domestic demand and easing external risks, according to RHB Investment Bank Bhd (RHB IB).

Gold Futures Close Lower Amid Stronger US Dollar

KUALA LUMPUR, July 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives Gold closed lower on Monday as investors took profits amid a stronger US dollar ahead of the release of the US Federal Reserve's June meeting minutes later this week.

Ringgit Ends Lower As Investors Return To US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 6 (Bernama) -- The ringgit closed lower against the US dollar on Monday as investors returned to the greenback following its recent pullback after a weaker-than-expected US June employment report.

Ringgit Opens Flat Against Greenback As Traders Reassess US Rate Hike Prospects

KUALA LUMPUR, July 6 (Bernama) -- The ringgit opened mostly flat against the US dollar on Monday as traders reassessed the likelihood of a United States (US) interest rate hike following a weaker-than-expected US nonfarm payrolls (NFP) data.

Tomei Calls For Import Duty Waiver On Stamped Gold Bars

By Niam Seet Wei

KUALA LUMPUR, July 5 (Bernama) -- Tomei Consolidated Bhd hopes the government will exempt imported stamped gold bars from the 10 per cent import duty to keep gold investment affordable for ordinary Malaysians.

KLCI Futures Likely To Trade Within 1,670–1,690 Range Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 4 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to remain cautiously positive next week, trading within the 1,670-1,690 points range, supported by bargain hunting, easing external pressures, and improving regional sentiment.

Ringgit Ends Higher Against US Dollar On Favourable Asian Currency Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, July 3 (Bernama) -- The ringgit ended higher against the US dollar at the close of the trading week, supported by favourable Asian currency sentiment following the latest United States Nonfarm Payrolls (NFP) data.