KUALA LUMPUR: The ringgit and most of its regional peers were traded lower on Wednesday as the US dollar gained across the board ahead of US inflation data release this week.
Ringgit, regional peers edge lower ahead of US inflation reading malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: Bursa Malaysia pared earlier losses to settle marginally lower as buying activities emerged towards the end of the trading session, amid the downbeat regional market performance.
KUALA LUMPUR: The ringgit strengthened against the US dollar on Tuesday as assurances from the government and Bank Negara Malaysia regarding the ringgit's valuation calmed market concerns.
A sustained investor confidence is set to see buying momentum persist on Bursa Malaysia this week with market focus shifting toward banking counters as they prepare to unveil their fourth quarter (4Q) results.