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Ringgit jumps 225 basis points on mixed US economic data

Kuala Lumpur: The ringgit gained 225 basis points and strengthened against the US dollar subsequent to the release of mixed US economic data and investors’ anticipation of an interest rate cut based on the Federal Open Market Committee (FOMC) meeting earlier this week. ....

United Kingdom , Kuala Lumpur , Afzanizam Rashid , Market Committee , Fund Rate , Bank Muamalat Malaysia Bhd , Federal Open Market Committee , Muamalat Malaysia Bhd , Fed Fund Rate , Automatic Data Processing , Daily Express ,

Ringgit unchanged amid weak demand, lack of catalysts

Kuala Lumpur: The ringgit opened flat against the greenback today due to muted demand as investors await further market catalyst. ....

Kuala Lumpur , United Kingdom , Dyogenes Rodrigues Diniz , Afzanizam Rashid , Bank Muamalat Malaysia Bhd , Jobless Claims , Daily Express ,

Ringgit gains ground against retreating US dollar

Kuala Lumpur: The ringgit opened higher against the US dollar on better buying support as the US Dollar Index (DXY) retreated after recent gains by the greenback. ....

Kuala Lumpur , United Kingdom , Afzanizam Rashid , Bank Muamalat Malaysia Bhd , Labour Turnover , Muamalat Malaysia Bhd , Relative Strength Index , Daily Express ,

Ringgit slips as economic data sustains US dollar's strength | Daily Express Malaysia

Kuala Lumpur: The ringgit slipped further against the US dollar when the market opened today, as positive US economic data points continued to support the greenback, a dealer said. ....

United Kingdom , Kuala Lumpur , Afzanizam Rashid , Bank Muamalat Malaysia Bhd , Federal Reserve , Muamalat Malaysia Bhd , Daily Express ,

Ringgit outlook stable with China's central bank yuan support

Ringgit outlook stable with China's central bank yuan support
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United Kingdom , Kuala Lumpur , Afzanizam Rashid , People Bank , Bank Muamalat Malaysia Bhd , Muamalat Malaysia Bhd ,