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Over the coming weeks, Kenanga expects the ringgit to trade stronger in the 4.15-4.20 range, supported by Malaysia's favourable yield differential, especially compared to developed economies.
The 24% tariff rate imposed by the United States on Malaysian exports could affect growth although policies already in place ...
The ringgit ended higher against the US dollar ... that the rate-cutting narrative remained on track. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the Fed remains unfazed ...
It rose against the Thai baht to 12.9529/12.9769 from 13.0260/13.0490, gained against the Indonesian rupiah at 265.1/265.6 ...
The ringgit, which faced pressure against the US dollar following United States (US) President Donald Trump’s announcements ...
MALAYSIA: The ringgit opened higher against the US dollar following the Federal Open Market Committee’s (FOMC) decision to maintain interest rates and slow the pace of its balance sheet runoff. The ...
(Bloomberg) -- Asia’s top performing currency last year is set for a bout of weakness as traders brace for a higher risk of an interest rate-cut amid trade tensions. After being largely range ...