Posts Tagged ‘Ringgit’

Ringgit under pressure from dollar strength and divided Fed

The ringgit did not rally strongly on Monday’s oil jump but did weaken as US yields held firm
By MARK RAO / Pic By MUHD AMIN NAHARUL MALAYSIA’S ringgit ...

Ending Pharmaniaga contract could save millions of ringgit, says expert

The supplier’s monopoly is costing the govt over RM1.1b per year on average, says Minister Lim
by ALIFAH ZAINUDDIN/ pic by BLOOMBERG THE prospects of ...

Ringgit set to gain on potential Fed rate cut, stronger oil prices

The Fed’s decision on lending rates is a key pivot for the ringgit’s further gains
by MARK RAO/ pic by BLOOMBERG THE ringgit is poised to strengthen ...

Ringgit finds support on US-China trade talks in October but risks linger

Some analysts do not rule out a financial crisis if the US-China trade war continues
by MARK RAO/ pic by MUHD AMIN NAHARUL THE ringgit made up ground ...

Ringgit to remain susceptible to volatility as new tariffs kick in

Malaysia’s August PMI and July external trade numbers will be viewed within the global context of the ongoing US-China trade conflict, says analyst
By ...

US-China trade war drags ringgit to near 22-month low

by MARK RAO/ pic by MUHD AMIN NAHARUL
THE yuan dropped to an 11-year low against the US dollar yesterday as boiling tensions between the US and China ...

Gloom prospects for the ringgit on trade, yuan and Fed risks

Ringgit is expected to trade with a weakening bias over the coming months if external headwinds remain evident
By MARK RAO / Pic By BLOOMBERG RINGGIT ...

Time to spend in the UK as ringgit rises against the pound

by MARK RAO/ pic by BLOOMBERG
THE ringgit is expected to strengthen against the British pound as the October deadline looms closer for the UK to work ...

Ringgit direction to hinge on key economic data

The protracted US-China trade war conditions could see a 2nd cut to BNM’s OPR
by MARK RAO/ pic by BLOOMBERG THE ringgit is expected to trade ...

Ringgit trades closer to key RM4.20 mark as currency war fear eases

According to Moody’s, continued escalation of trade tensions with the US could exert downward pressure on the yuan
By MARK RAO / Pic By TMR File THE ...

Ringgit falls as Trump announces new tariffs on China

by MARK RAO / pic by BLOOMBERG
THE breakdown in the US-China trade truce sent the ringgit tumbling against the US dollar as traders flocked to safety ...

Ringgit falls on stronger dollar direction, markets await Fed decision

The greenback proves resilient despite rising growth and trade concerns, and further gains have not been ruled out for the currency
By MARK RAO / Pic ...