News
Analysts expect ringgit to hover around RM4.05–RM4.08 ahead of BNM OPR decision
3+ hour, 18+ min ago (362+ words) KUALA LUMPUR, Jan 17 " The ringgit is likely to trade within a narrow range against the US dollar next week as investors take a cautious stance ahead of Bank Negara Malaysia's Monetary Policy Committee (MPC) meeting on January 22. Bank Muamalat Malaysia…...
Understanding an important but late comer to central banking in the United States — Phar Kim Beng PhD
22+ hour, 39+ min ago (1199+ words) JANUARY 17 " The Federal Reserve Bank of the United States has never been a quiet institution." From its birth in the early twentieth century to its present-day battles with presidents, markets, and foreign central banks, the Fed has always sat at…...
US dollar flexes muscles, ringgit ends Friday trade on a softer note
1+ day, 2+ hour ago (287+ words) KUALA LUMPUR, Jan 16 " The ringgit ended marginally lower against the American dollar on Friday, as healthy US economic data lifted the greenback. At 6 pm, the local currency dipped to 4.0555/0605 versus the greenback from Thursday's close of 4.0535/0595." Bank Muamalat Malaysia Bhd's…...
Malaysia beats growth forecast with 4.9pc GDP in 2025, unemployment falls to 11‑year low at 2.9pc, says PMO
1+ day, 16+ hour ago (277+ words) KUALA LUMPUR, Jan 16 " The Prime Minister's Office today said Malaysia's economy recorded robust growth in 2025, with fourth quarter GDP growing by 5.7 per cent, bringing overall annual growth to 4.9 per cent, surpassing the official forecast of 4.0 to 4.8 per cent. Citing the…...
Ringgit slips as stronger US dollar pressures local and regional currencies
2+ day, 16+ hour ago (280+ words) KUALA LUMPUR, Jan 15 " The ringgit closed lower on Thursday as the US dollar strengthened against other major currencies, following news that Donald Trump has no plans to remove the current Federal Reserve (Fed) chairman. At 6pm, the local currency weakened to…...
Bursa Malaysia opens lower as profit-taking kicks in after seven-year high
2+ day, 23+ hour ago (431+ words) KUALA LUMPUR, Jan 15 " Bursa Malaysia opened lower today, weighed by mild profit-taking after recent gains and tracking weaker overnight cues from Wall Street. At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 0.90 of-a-point to 1,710.01 from yesterday's close of 1,710.91, after opening…...
China’s trade ends 2025 with record trillion-dollar surplus despite Trump tariffs
3+ day, 23+ hour ago (561+ words) BEIJING, Jan 14 " China today reported a strong export run in 2025 with a record trillion-dollar surplus, as producers braced for three more years of a Trump administration set on slowing the production powerhouse by shifting US orders to other markets. Beijing's…...
Ringgit set to trade sideways with upside bias next week, analysts say
1+ week, 4+ hour ago (382+ words) KUALA LUMPUR, Jan 11 " The ringgit is expected to trade within the 4.04-4.07 range next week with the balance of risks tilted modestly towards a firmer ringgit as global investors rotate away from the dollar and back into emerging-market carry and growth…...
Ringgit slips against US dollar amid cautious sentiment, rises against other major currencies
1+ week, 3+ day ago (306+ words) KUALA LUMPUR, Jan 7 " The ringgit opened slightly lower against the US dollar yesterday but higher against major currencies as investors stayed cautious ahead of a busy week of US labour-market data. At 8am, the local currency inched down to 4.0475/0745 against the…...
Ringgit ends firmer against US dollar, major currencies on first trading day of 2026
2+ week, 1+ day ago (300+ words) KUALA LUMPUR, Jan 2 " The ringgit picked up where it left off in 2025, closing firmer against the US dollar and other major currencies on the first trading day of 2026, buoyed by positive sentiment from strong domestic economic data releases. At 6 pm,…...