Tag - Bank Muamalat
12Dec

Ringgit opens higher despite stronger greenback

KUALA LUMPUR: The ringgit rose against the US dollar in early trade on Thursday despite the greenback’s appeal as a safe-haven currency remaining firm amid the risk-averse sentiment surrounding the market. At 8.11 am, the ringgit appreciated to 4.4250/4355 against the US dollar compared with yesterday’s close of 4.4300/4355. The greenback gained additional ground while the US...

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19Jun

Ringgit gains against US$ in early trade

KUALA LUMPUR: The ringgit extended its gains to open better against the US dollar in early trade today as the greenback weakened amid growing anticipation of a global interest rate cut this year, an economist said. At 9 am, the ringgit rose to 4.7080/7130 versus the greenback from yesterday’s close of 4.7110/7155. Bank Muamalat Malaysia Bhd chief...

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