Posts Tagged ‘Ringgit’

Ringgit weakens on possible bond exclusion in WGBI

From a technical standpoint, the ringgit appears to be at an oversold position, says economist
by FARA AISYAH / pic by BLOOMBERG THE ringgit has ...

Ringgit to rally on domestic impetus, central bank rhetoric

The local note has traded between RM4.06 and RM4.09 against the US dollar since early February
by MARK RAO / pic by MUHD AMIN NAHARUL DOMESTIC ...

BNM: Reserves remain usable as at end-February 2019

The reserves’ position remains adequate to assist international transactions and nance 7.4 months of retained imports
by ALIFAH ZAINUDDIN / pic by ...

Ringgit rises to 9-month high on Fed’s decision

As at 7pm yesterday, the local currency stood at RM4.053 against the greenback
by FARA AISYAH / pic by BLOOMBERG THE ringgit rose to a nine-month high ...

Ringgit on firm footing despite equity slump

The local note traded at RM4.07 against the greenback this week, continuing its momentum in 2019
By MARK RAO / Graphic By TMR ...

Ringgit could reach RM3.90 this year, says Rakuten

Expert says it is possible for the local note to reach below RM4 as US-China trade tensions seem diminishing
By SHAZNI ONG / Pic By MUHD ...

Ringgit to find support in domestic economy over mixed performance

Other economic indicators provided by the central bank last week are also perceived as supportive for further ringgit appreciation
By MARK RAO / Pic By ...

Rocky road ahead for commercial vehicles on uncertainties, weak ringgit

Demand for lorry and bus subsegments are forecast to be the most impacted this year
By RAHIMI YUNUS / Pic By MUHD AMIN NAHARUL The commercial vehicles ...

Winners of stronger ringgit

A stronger ringgit will be a relief to local firms whose input and raw material costs are predominantly US dollar-denominated
By MARK RAO / Pic By MUHD ...

Ringgit could rally to RM4.00 level in near term

By MARK RAO / Pic By BLOOMBERG
The ringgit tested its strongest level against the US dollar in over five months after the US Federal Reserve (Fed) ...

Ringgit declines as China’s economy slows

By MARK RAO / Pic By BLOOMBERG
The ringgit came under pressure yesterday as fears of a slowing global economy and weak Chinese economic data forced ...

Ringgit gains held back by returning risk aversion

By MARK RAO / Pic By BLOOMBERG
The rally in the ringgit was kept in check yesterday as risk aversion crept back into markets on geopolitical concerns ...