SMR 20 Hits Nine-year High On Tight Supply, EV Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 16 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, leading to Standard Malaysian Rubber 20 (SMR 20) reaching its highest level in the past nine years, said a dealer.

Ringgit Opens Higher Against US Dollar On Fed Rate Hold Expectations

KUALA LUMPUR, June 16  (Bernama) -- The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns and lower US Treasury yields.

Bursa Malaysia Ends Higher, Tracking Asian Peers On Improved Global Sentiment

Improved Market Sentiment Lifts Ringgit At Opening

KUALA LUMPUR, June 15 (Bernama) -- The ringgit extended its upward momentum, opening firmer on Monday against the US dollar and other major currencies, supported by improved risk sentiment following signs of easing geopolitical tensions.