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Ringgit opens higher against US$ as greenback weakens

KUALA LUMPUR: The ringgit continued its uptrend from last Friday’s closing to open higher today amid the weakening greenback and lower US Treasury yields, analysts said. ....

Kuala Lumpur , United Kingdom , Mohd Afzanizam Abdul Rashid , Bank Muamalat Malaysia Bhd , Muamalat Malaysia Bhd , Us Dollar , Us Federal Resrerve , Mohd Afzanizam , Us Nfp ,

Insight 2024/2025 - Will The Ringgit Rise Again?

In February, the Malaysian currency, the ringgit, suffered its steepest decline in 26 years, hurting consumers and businesses. But as the government projects a recovery, is a turnaround in sight? ....

Malaysia Economy ,

Ringgit extends gains to end higher against US dollar

KUALA LUMPUR: The ringgit extended its positive performance to close higher against the US dollar on Friday in line with the positive momentum in regional currencies as more investors shifted from safe haven currencies, a dealer said. ....

Kuala Lumpur , United Kingdom , Mohd Afzanizam Abdul Rashid , Bank Muamalat Malaysia Bhd , Market Committee , Muamalat Malaysia Bhd , Federal Open Market Committee , Us Dollar , Us Federal Resrerve , Mohd Afzanizam ,

Malaysia to Raise Government Salaries by a Record, PM Says

(Bloomberg) Malaysia will increase civil servants’ salaries by more than 13% from December, as Prime Minister Anwar Ibrahim looks to counter rising living costs and a weak currency. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesFed to Signal Delay of Interest-Rate CutsThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyLilly Soars as Forecast Boost Shows Weight-Loss Dr ....

Kuala Lumpur , Bloomberg Businessweek , Anwar Pakatan Harapan , Anwar Ibrahim , Prime Minister Anwar Ibrahim , Southeast Asian , Push Ahead With Long Awaited Subsidy Cuts , Pakatan Harapan , Civil Servants ,