KUALA LUMPUR: The ringgit opened stronger against the US dollar on Wednesday, supported by continued weakness in the greenback as fiscal uncertainties and tariff risks in the United States weighed on sentiment, an analyst said. At 8 am, the local note stood at 4.1870/2065 versus the greenback, up from Tuesday’s close of 4.1995/2005. Meanwhile, the US Dollar...
KUALA LUMPUR: The ringgit was almost flat against the US dollar in early trade on Friday, despite the higher US dollar index (DXY), said an analyst. At 8.13 am, the ringgit stood at 4.4350/4450 against the US dollar from Thursday’s close of 4.4350/4.395. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the DXY...
KUALA LUMPUR: The ringgit ended flat against the US dollar on Monday as investors took the ‘wait-and-see’ approach ahead of the latest economic assessment by the United States (US) Federal Open Market Committee (FOMC) during its meeting on April 30 and May 1, said an analyst. At 6 pm, the ringgit was unchanged at 4.7650/7700 versus...
KUALA LUMPUR: The ringgit opened easier against the US dollar today on mild profit-taking on the local currency in light of the sharp appreciation recently, said an analyst. At 9.20 am, the ringgit was traded lower at 4.69600/7015 against the greenback from Wednesday’s close of 4.6695/6755. Bank Muamalat Malaysia Bhd chief economist and social finance head Dr...
