3h ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit finished lower against the US dollar on Friday as the market closely monitors the ongoing debate regarding interest rate hikes in the United States.
13h ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, buoyed by improved sentiment after Bank Negara Malaysia (BNM) kept its overnight policy rate (OPR) unchanged at 2.75 per cent.
1d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit ended marginally higher against the US dollar on Thursday, supported by Bank Negara Malaysia (BNM) maintaining the overnight policy rate (OPR).
2d ago
KUALA LUMPUR, Sept 2 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects the ringgit to remain supported by Malaysia’s relatively resilient economic fundamentals, although short-term movements are likely to remain sensitive to United States (US) monetary policy expectations and broader risk sentiment.
3d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the weaker performance on the US Commodity Exchange (COMEX), amid rising expectations of a US interest rate hike following US Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium
3d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 1 (Bernama) --The ringgit ended lower against the greenback on the first trading day of September on rising expectations of a US interest rate hike after Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium.
3d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia ended lower on Tuesday amid broad-based selling, as weaker global sentiment weighed on investor risk appetite.
3d ago
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia remained in negative territory at midday, tracking weaker regional peers amid heightened geopolitical tensions between the US and Iran.
3d ago
KUALA LUMPUR, Sept 1 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday amid elevated US Treasury yields and uncertainty over the US Federal Reserve’s (Fed) interest rate outlook, said an analyst.
6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.
6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) --Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, with spot gold prices seen hovering around US$4,590 to US$4,610 per troy ounce amid reduced expectations of a US Federal Reserve (Fed) rate hike.
7d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit ended higher against the greenback and major currencies on Friday ahead of US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.