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Monday, November 30, 2015

Ringgit opens lower against US dollar

KUALA LUMPUR: The ringgit opened lower against the US dollar today on weak buying interest, dealers said. At 9am, the ringgit was quoted at 4.2770/2880 against the greenback from 4.2550/2650 on Friday. A dealer said the local note is still subdued due to the possibility of an interest rate hike by the US Federal Reserve next month. The local unit was also lower against other major currencies. It eased against the Singapore dollar to 3.0226/0323...

Thursday, November 26, 2015

Ringgit at 4.27, continues slide against USD

KUALA LUMPUR: The ringgit failed to halt its continuing decline against the US dollar at opening today, dealers said. At 9.26 am, the local unit was quoted at 4.2760/2850 to the greenback from 4.2105/2155 yesterday. A dealer said sentiment remained unsteady, even for the greenback, which traded lower against the euro and the yen. "The dollar fell against both currencies following negative sentiment, although China embarked on much-anticipated...

Wednesday, November 25, 2015

Ringgit opens higher at 4.20 against USD

KUALA LUMPUR: The ringgit opened higher against the US dollar today, driven by buying interest, dealers said. At 9am, the ringgit was quoted at 4.2060/2140 against the greenback from 4.2420/2570 on Tuesday. The local unit was also mostly higher against other major currencies.   It appreciated against the Singapore dollar to 2.9864/9944 from yesterday's 2.9979/9102 and strengthened against the yen to 3.4357/4425 from 3.4640/4774 previously. It fell against the British pound to 6.3418/3560 from 6.4156/4396 on Tuesday, but improved...

Tuesday, November 24, 2015

Ringgit opens broadly higher against US dollar

KUALA LUMPUR: The ringgit rebounded to open higher against major currencies, including the US dollar, dealers said. At 9.05 am, the ringgit was quoted at 4.2850/2950 against the greenback from 4.3010/3050 on Monday. A dealer said news that Chinese Premier Li Keqiang would buy more Malaysian treasury bonds in a move to help stabilise the financial market perked the market.   The local note appreciated against the Singapore dollar...

Tuesday, November 17, 2015

Ringgit opens higher against US dollar

KUALA LUMPUR: The ringgit opened higher in early trade against the US dollar on renewed demand for the local currency. At 9.19am, the ringgit was quoted at 4.3700/3790 against the US dollar from 4.3810/3850 on Monday. A dealer said the better demand for ringgit was in tandem with the improved performance on the equities market. The local note was also traded higher against other major currencies. It appreciated against the Singapore dollar to 3.0727/0801 from 3.0798/0841 on Monday and rose against the yen to 3.5442/5529 from 3.5682/5720. It...

Monday, November 16, 2015

Ringgit opens lower against US dollar

KUALA LUMPUR: The ringgit was lower in the early session against the US dollar today as the greenback strengthened against major currencies following the terrorist attack in Paris. At 9.10am, the ringgit was quoted at 4.3900/4000 against the US dollar from 4.3700/3780 on Friday.   A dealer said the greenback also remained firm despite weak US retail sales data released on last Friday, on expectations that the Federal Reserve would...

Friday, November 13, 2015

Ringgit at 4.37 against USD

KUALA LUMPUR: The ringgit was lower in the early session today on weaker demand for the local note ahead of the release of Malaysia's third quarter gross domestic product data. At 9.27am, the ringgit was quoted at 4.3710/3810 against the US dollar from the 4.3600/3700 recorded yesterday. A dealer said trading in the early session was clouded by cautious sentiment as traders awaited the release of the economic data. Meanwhile, the local...

Thursday, November 12, 2015

Ringgit opens higher against US dollar

KUALA LUMPUR: The ringgit was higher in the early session today on better demand for the local note as the greenback took a pause from its rally. At 9.16am, the ringgit was quoted at 4.3520/3590 against the US dollar from the 4.3600/3670 it recorded yesterday. The US dollar retreated from a seven-month high against a basket of six major currencies. Meanwhile, the ringgit traded lower against other major currencies. It depreciated against the Singapore dollar to 3.0732/0790 from 3.0680/0734 and eased against the yen to 3.5431/5597...

Tuesday, November 3, 2015

Malaysia: Shares end higher

Malaysian shares closed higher on Tuesday, with the Kuala Lumpur Composite Index gaining 13.49 points to 1,677.56. Some 2.8 billion lots, valued at RM2.3 billion, were traded. Gainers outnumbered losers 521 to 357...