local currency

Ringgit appreciates as investors await key FOMC minutes

Local note opens higher against USD at 4.4250/4450 today compared to yesterday’s close of 4.4300/4360

New guidelines to simplify local currency transactions across Malaysia, Indonesia, Thailand 

Harmonised LCTF OG aims to promote use of local currencies in regional trade, benefiting commercial banks, their users, investors, businesses in the three countries

Ringgit continues to rise, closes higher against dollar as DXY retreats

At 6pm, the ringgit rose to 4.7025/7080 against the greenback compared with yesterday’s close of 4.7295/7350. 

Ringgit marginally appreciates on subdued demand for USD

The ringgit opened marginally higher today on subdued demand for the US dollar as the United States Treasury yield depreciated. 

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