KUALA LUMPUR, July 15 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as investors anticipated an upbeat advance estimate of Malaysia's second-quarter (2Q) gross domestic product (GDP), analysts said.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 14 (Bernama) -- The ringgit ended lower against the US dollar on Tuesday as investors stayed cautious ahead of the release of the US inflation data for June amid continued geopolitical tensions in West Asia.
KUALA LUMPUR, July 14 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, amid uncertainties in the Strait of Hormuz, which lifted global crude oil prices, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 13 (Bernama) -- The ringgit ended higher against major and regional currencies, including the US dollar, on Monday amid continued geopolitical uncertainties in West Asia.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 13 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, supported by stronger physical demand from China and higher crude oil prices, despite mixed regional rubber futures, a dealer said.
KUALA LUMPUR, July 13 (Bernama) -- Gold prices are likely to hover between US$3,800 and US$4,200 (US$1=RM4.071) per troy ounce amid pressure from crude oil prices and inflation, Go Capital Growth Sdn Bhd general manager Hong Kok Wah said.
KUALA LUMPUR, July 13 (Bernama) -- The ringgit opened slightly lower against the US dollar on Monday amid uncertainties over the free flow of vessels through the Strait of Hormuz and the resilience of the United States economy, an analyst said.
KUALA LUMPUR, July 11 (Bernama) -- The ringgit is expected to trade within a narrow range between RM4.05 and RM4.07 against the US dollar next week as investors await the release of the United States Consumer Price Index (CPI) report next Tuesday, which could set the tone for global financial markets, said analysts.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 10 (Bernama) -- The ringgit ended the week on a stronger note against the US dollar on Friday, as safe-haven demand for the greenback faded.
KUALA LUMPUR, July 10 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday amid continued caution over vessel movements in the Strait of Hormuz as investors monitored geopolitical tension.
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.
KUALA LUMPUR, July 9 (Bernama) -- Foreign investors returned to the Malaysian bond market in June, recording net inflows of RM4.9 billion compared with net outflows of RM4.3 billion in May, supported by easing geopolitical tensions and continued confidence in the country’s economic fundamentals, according to Kenanga Investment Bank Bhd (Kenanga IB).
