Posts Tagged ‘Ringgit’

Limited gains for the ringgit on weaker oil prices, says experts

The ringgit should benefit from the Fed pro-cyclical rate cut even more if they cut 50 basis points
by MARK RAO / pic by BLOOMBERG THE ringgit ended ...
Ringgit

Can the ringgit continue to rise?

The local note has since found solid footing on a dovish Fed, but its direction is tied to the oil market
by MARK RAO / pic by MUHD AMIN NAHARUL THE ...

Ringgit hits 3-month high on dovish Fed

The Fed cutting the key lending rate by 50bps will possibly open a path towards the RM4.09 support level
by MARK RAO / pic by BLOOMBERG THE ringgit ...

Ailing ringgit bonds await lifeline from Malaysia policy review

By BLOOMBERG
THE case is growing for Bank Negara Malaysia (BNM) to bolster the economy with another interest-rate cut — and to provide some much-needed ...

Ringgit set for gains after US-China trade truce

Expectations of the Fed’s interest-rate cut and the US-China trade de-escalation provides much needed relief for the ringgit
by MARK RAO/ pic by MUHD ...

Ringgit closes higher against US dollar

by BERNAMA/ pic by TMR FILE
The ringgit closed stronger against the US dollar today on optimism of positive outcomes from the US-China trade talks ...

Ringgit opens slightly lower against US Dollar

By BERNAMA / Graphic By TMR
The ringgit today opened slightly lower against the US dollar today as investors stayed on the sidelines awaiting the ...

Ringgit buoyed by external trade and anticipation of Fed rate cut

The local note finished 0.9% stonger against the greenback last week, ending 2 straight months of losses
By MARK RAO / Pic By TMR File THE ringgit has ...

Ringgit opens slightly higher against US dollar

The ringgit opened slightly higher against the US dollar today (June 3, 2019) in line with the positive Nikkei Purchasing Managers Index (PMI).
At 9 ...

Ringgit continues downtrend, centred on US-China trade woes

The ringgit recognised the bulk of its losses from March 21, depreciating 3.2% against the US dollar as traders flee for safety
By MARK RAO / Pic By ...

US-China trade tensions hurting ringgit

By MARK RAO / Pic By BLOOMBERG
The ringgit extended losses against the US dollar to close at a six-month low yesterday as external factors continue to ...

Strong 1Q GDP, higher crude fail to keep ringgit support after 1-day rally

BNM’s plans to boost onshore market liquidity and accessibility is expected to mitigate a key risk facing the ringgit, says analyst
by MARK RAO / pic ...