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Ringgit likely to trade in narrow range versus US dollar

BERNAMA – The ringgit is expected to trade in a narrow range of 4.73 to 4.74 against the US dollar next week, with technical analysis suggesting the USD/MYR to be in the neutral zone, said Bank Muamalat Malaysia Bhd Chief Economist Mohd Afzanizam Abdul Rashid. He said the recent policy rate cut by the Swiss […]

Ringgit closes lower vs US$ following recent rally

Ringgit closes lower vs US$ following recent rally
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Ringgit trades in tight range versus US dollar ahead of US CPI print

KUALA LUMPUR: The ringgit traded in a narrow range today at between 4.676 to 4.684 against the US dollar as market players await the United States (US) Consumer Price Index (CPI) inflation data for February later tonight, said an economist.

Ringgit firmer versus US dollar in early trade

KUALA LUMPUR: The ringgit strengthened against the US dollar in early trade today as investors took a breather ahead of the release of the US Consumer Price Index (CPI) data later today, an analyst said.

Ringgit flat in early trade

KUALA LUMPUR: The ringgit took a breather in the early trade on Monday after three days of gains, but is set to be well-supported by rising expectations of a rate cut by the United States (US) later this year.

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