Tag - Ringgit closing

22Jan

Ringgit closes higher against US$ supported by decline in Malaysia’s inflation

KUALA LUMPUR: The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist. According to the Department of Statistics Malaysia (DOSM), Malaysia’s inflation rate for December 2024 moderated to 1.7 per cent, compared to the 2024 annual rate of 1.8 per cent. At 6 pm,...

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04Nov

Ringgit ends firmer against greenback amid heightened uncertainty as US election looms

KUALA LUMPUR: The ringgit ended firmer against the greenback on Monday ahead of an expected US interest rate cut this week amid the heightened uncertainties over the US presidential election tomorrow, said an economist. At 6 pm, the local note rose to 4.3715/3765 against the greenback from Friday’s close of 4.3780/3835. Bank Muamalat Malaysia Bhd chief economist...

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