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KUALA LUMPUR: The ringgit continued to strengthen against the US dollar at the opening, as rapid shifts in US economic policies under President Donald Trump's administration created uncertainty within the business community, potentially dampening demand.
KUALA LUMPUR: The ringgit ended marginally lower against the US dollar on Friday, ahead of the United States (US) personal consumption expenditures (PCE) price index data for February, which is due today.
KUALA LUMPUR: The ringgit is likely to continue remaining in a narrow range within a similar trajectory of RM4.42 to RM4.43 against the US dollar next week due to the shortened trading week following the Hari Raya Aidilfitri public holiday, which is expected to be celebrated on Monday, March 31.
KUALA LUMPUR: The ringgit weakened against the US dollar today alongside other ASEAN currencies as traders and investors are anxious about the reciprocal tariffs to be imposed by the United States (US) government on April 2.
KUALA LUMPUR: The ringgit traded marginally higher against the US dollar at the opening amidst intensifying market talks on the impact of the United States' (US) tariff on the global economy, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR: The ringgit closed higher against the US dollar today despite having to contend with greater uncertainties from abroad.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar this morning as investors viewed Malaysia's political and policy stability favourably among emerging markets, boosting the currency's appeal amid mixed global sentiment.
PETALING JAYA: The ringgit experienced heightened volatility last year, driven by global activities and consistent with trends of other currencies.
KUALA LUMPUR: The ringgit traded flat against the US dollar at the opening today as mixed signals from President Trump suggested that certain countries might receive tariff breaks when the reciprocal tariffs take effect on April 2, boosting appetite for riskier assets.
KUALA LUMPUR: The ringgit ended marginally lower against the US dollar on Tuesday as the greenback strengthened on the back of upbeat US economic data.
KUALA LUMPUR: The ringgit opened higher today on expectations that Malaysia will be among the least affected by the US government's implementation of reciprocal tariffs on April 2, given that the country is seen as having one of the lowest tariff rates.
KUALA LUMPUR: The ringgit ended lower against the US dollar as concerns over reciprocal tariff rates, which are expected to take effect on April 2, prompted traders and investors to adopt a more cautious stance.
The ringgit is anticipated to trade within the 4.42-4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.
KUALA LUMPUR: Bank Negara Malaysia (BNM) emphasised that structural reforms and policies must take precedence over excessive reliance on international reserves to manage currency fluctuations.
KUALA LUMPUR: The ringgit is anticipated to trade within the 4.42 to 4.45 range against the US dollar this week, with short-term volatility contingent upon broader market dynamics.
KUALA LUMPUR: The ringgit is anticipated to trade within the 4.42-4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.
KUALA LUMPUR: The ringgit ended higher against the US dollar on improved sentiment towards the local currency, said an analyst.
KUALA LUMPUR: The ringgit eased against the US dollar at the opening today, taking a breather from recent gains as markets assessed the US Federal Reserve's latest stance, which was seen as mildly dovish yet cautious.
Sentiment on the ringgit is likely to be cautious in the near term, as investors weigh the risks of more tariffs from the United States under the "Fair and Reciprocal Plan" to be announced on April 2 and the impact on the capital markets these additional tariffs could have.
KUALA LUMPUR: The ringgit opened higher against the US dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.
