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Ringgit rises against US$ on lower US bond yield

KUALA LUMPUR: The ringgit strengthened against the US dollar at the opening today as demand for the latter diminished due to rising United States (US) jobless claims, weaker housing sales and slightly lower US bond yields, which ultimately favoured the ringgit. ....

Kuala Lumpur , United States , United Kingdom , Stephen Innes , Bus Data , Bond Yield ,

Ringgit rises against US$ for third straight day

KUALA LUMPUR: The ringgit remained strong against the US dollar for the third consecutive day today as the greenback continued to weaken despite the bullish United States (US) retail data, an analyst said. ....

Kuala Lumpur , United States , United Kingdom , Mohd Afzanizam Abdul Rashid , Mohd Afzanizam , Bank Islam Malaysia Bhd , Fund Rate , Market Committee , Islam Malaysia Bhd , Federal Open Market Committee , Federal Fund Rate , Bus Data ,