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Ringgit ends higher on strong Q1 growth

Ringgit ends higher on strong Q1 growth

Kuala Lumpur – The ringgit closed higher against the US dollar today due to the positive spillover of the robust economic growth recorded in the first quarter of this year against a backdrop of an alarming external geo-political environment, said dealers. At 6 pm, the local unit was quoted at 4.2920/2950 against the greenback from […]

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Ringgit opens higher against greenback

Ringgit opens higher against greenback

Kuala Lumpur – The ringgit opened higher, riding high on the back of Malaysia’s robust first-quarter 2017 (1Q2017) Gross Domestic Product (GDP) growth data. Dealers noted increased buying interest for the ringgit which saw the local note appreciate to 4.2950/2980 at 9.04am against the greenback from 4.3030/3060 at 6pm on Monday. The Malaysian economy recorded […]

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Ringgit closes higher on positive outlook

Ringgit closes higher on positive outlook

Kuala Lumpur – The ringgit closed higher against the US dollar today on the back of positive micro economic factors versus the gloomy macro geo-political climate, said dealers. At 6 pm, the local unit was quoted at 4.3030/3060 against the greenback from last Friday’s close of 4.3180/3230. Malaysia’s robust first-quarter 2017 (1Q2017) Gross Domestic Product […]

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Ringgit kicks-off new week stronger against greenback

Ringgit kicks-off new week stronger against greenback

Kuala Lumpur – The ringgit kicked off the new week on a stronger note against the US dollar, extending last week’s upward momentum following the better-than-expected first quarter (1Q17) Gross Domestic Product results coupled with positive prospects of the Trans-Pacific Partnership agreement being revived. At 9am, the local unit was quoted at 4.3080/3110 against the […]

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Ringgit closes higher against US dollar

Ringgit closes higher against US dollar

Kuala Lumpur – The ringgit closed higher against the US dollar following the encouraging first-quarter (1Q17) Gross Domestic Product (GDP) growth data released today. At 6 pm, the local unit was quoted at 4.3180/3230 against the greenback from yesterday’s closing of 4.3260/3290. Malaysia’s economy recorded robust growth of 5.6 per cent in 1Q17 against the […]

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Ringgit extends losses to open lower against US dollar

Ringgit extends losses to open lower against US dollar

Kuala Lumpur – The ringgit extended yesterday’s losses to open lower today as most investors shifted their interest towards safe haven currencies, dealers said. At 9.05 am, the local unit was quoted at 4.3300/3340 against the greenback from 4.3260/3290 at 6pm on Thursday. The ringgit, however, was traded mixed against a basket of other major […]

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Ringgit ends 0.12% easier against greenback

Ringgit ends 0.12% easier against greenback

Kuala Lumpur – The ringgit closed 0.12% lower against the rejuvenated US dollar which attracted demand towards the close, dealers said. At 6pm, the local unit was quoted at 4.3260/3290 against the greenback from yesterday’s closing of 4.3210/3250. The ringgit hit an intra-day low of 4.3280 but losses were capped after the market started to […]

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Ringgit opens easier against US dollar

Ringgit opens easier against US dollar

Kuala Lumpur – The ringgit opened easier against the US dollar this morning as investors continued to book profits after the recent gains amid the weakening sentiment for the greenback, dealers said. At 9 am, the local note was quoted at 4.3250/3300 against the US dollar from 4.3210/3250 as at 6 pm Wednesday. A dealer […]

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Ringgit ends lower, snapping three-day winning streak

Ringgit ends lower, snapping three-day winning streak

Kuala Lumpur – The ringgit snapped a three-day winning streak to end lower against major currencies today on technical correction and mild profit-taking following its recent gains. At 6pm, the local note was quoted at 4.3210/3250 against the US dollar from 4.3200/3230 at 6pm Tuesday. A dealer said the ringgit’s decline was also caused by […]

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Ringgit opens stronger against US dollar

Ringgit opens stronger against US dollar

Kuala Lumpur – The ringgit opened stronger against the US dollar this morning, extending gains from yesterday as weak sentiment over developments in the United States curbed demand for the greenback, dealers said. At 9am, the local note was quoted at 4.3150/3200 against the US dollar, from 4.3200/3230 as of 6pm Tuesday. A dealer said […]

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