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Ringgit Expected To Strengthen Next Week Amid More Cues From Budget 2027

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading within the RM4.07 to RM4.08 range, as markets digest the Budget 2027 announcements for further cues on the country’s economic outlook.

Gold Futures Seen Trading At US$4,160-US$4,180 Range Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade between US$4,160 and US$4,180 per troy ounce next week, as markets expect the US Federal Reserve to hold interest rates steady in October following weak US jobs data, an analyst said.

Ringgit Ends Higher Against Us Dollar On Budget 2027 Fiscal Discipline

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by the government’s commitment to fiscal consolidation under Budget 2027, an analyst said.

Ringgit Opens Marginally Higher Against US Dollar As Budget 2027 Fiscal Outlook In Focus

By K. Naveen Prabu

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened marginally higher against the US dollar on Friday, with markets remaining cautious as they continued to assess the fiscal outlook ahead of the tabling of Budget 2027.

Ringgit Ends Higher Against ASEAN Currencies, Lower Versus US Dollar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit closed higher on Thursday against most ASEAN currencies, but lower against the US dollar amid a renewed surge in oil prices and escalating geopolitical tensions in West Asia, an analyst said.

Ringgit Ends Higher Against ASEAN Currencies, Lower Versus US Dollar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit closed higher on Thursday against most ASEAN currencies, but lower against the US dollar amid a renewed surge in oil prices and escalating geopolitical tensions in West Asia, an analyst said.

Minimum Wage Of RM1,900-RM2,000 Should Be Phased In, Tailored By Sector -- Economist

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s minimum wage could be raised to RM1,900-RM2,000 but should be introduced gradually and tailored to different sectors and states to ease pressure on micro, small and medium enterprises (MSMEs), an economist said.

Malaysia’s Economy Faces External Risks In 2027 – Economist

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s economic growth is expected to face external risks in 2027, particularly geopolitical uncertainties, US trade protectionism, and high interest rates in advanced economies, an economist said.

External Risks, Domestic Politics To Weigh On Malaysia's Economy In 2027 -- Economist

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s economic growth is expected to face external risks in 2027, particularly geopolitical uncertainty, the United States (US) trade protectionism policy, and high interest rates in developed nations, an economist said.

Cost Absorption Keeps Inflation Low But Price Pressures May Build In 2027 — Bank Muamalat

KUALA LUMPUR, Oct 8 (Bernama) – The gap between Malaysia’s producer and consumer inflation suggests businesses are absorbing some of their rising costs, although consumers could face higher prices if these pressures persist, according to Bank Muamalat Malaysia Bhd.

Ringgit Opens Slightly Higher Against US Dollar, Markets Eye Budget 2027

KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday as markets awaited the tabling of Budget 2027 for clues on the direction of the country’s fiscal deficit.

Ringgit Ends Higher Against Major Currencies, Lower Versus US Dollar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit closed higher against most major currencies but lower against the US dollar on Wednesday, as the greenback strengthened broadly amid renewed concerns over Europe’s fiscal outlook, an analyst said.