currency trade

Ringgit strengthens against major currencies except USD

At 9am, the ringgit eased slightly to 4.6980/7035 against the greenback from yesterday’s close of 4.6845/6878.  

Ringgit opens higher against USD ahead of OPR announcement on March 7

At 9am, the ringgit rebounded to 4.7230/7280 against the greenback compared with Friday's close of 4.7440/7480. 

Ringgit likely to stabilise against USD next week following hike: expert

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said that markets will be watching for the US Nonfarm Payrolls (NFP) data closely next week with consensus estimates pegging it at 188,000 for February.

The ringgit needs economic reform, not yet another bout of political hot air – Zainul Arifin

WE are now getting our shorts in knots over the ringgit, the declining local unit is now an existential threat and it is affecting our sense of wellbeing as a nation. It is giving us emotional ulcers, a sickening, sinking, feeling that we may be on a slippery slope into something we cannot even imagine.

Ringgit trades higher against USD as sentiment improves

At 9am, the ringgit rose to 4.7140/7190 versus the greenback from yesterday’s close of 4.7165/7215.   

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