#us dollar

PARLIAMENT | Wong warns that Malaysia's economy will suffer.

Technical indicators suggest ringgit is oversold.

PM must be bold in addressing institutional issues plaguing the nation.

This is amid subdued demand for the dollar.

Central bank cites 'inaccurate exchange rate data' published by Google.

It may trigger Federal Open Market Committee to reconsider monetary policy stance.

At 6pm, the ringgit slid to 4.7065/7105 against the greenback.

Realistically speaking, it may not be the case.

This comes in the wake of better US manufacturing output.

Abdul Rasheed says central bank has a number of measures to boost the currency.

M'sia continue reducing reliance on US dollar in trade, investments.

PARLIAMENT | BNM exploring ways to reduce M'sia's reliance on US dollar in trade, investments.

Multiple crises in the United States also exacerbated the issue, he says.

There is increased demand of safe-haven assets due to global headwinds.

Any agreement on lifting debt ceiling might have implications on growth.

'Negotiations between Malaysia and other countries should use currencies of both countries.'

Local note eases to 4.5200/5245.

At 9am, the ringgit surged by 270 basis points to 4.3300/3350. 

It jumped to RM4.35 for one US dollar at 6pm today.

UPDATED 7.34PM | Local note gains 815pct points against greenback.

Ringgit closed at 4.6885/6950 against the dollar today.

Currency downtrend continues as it opens at 4.73 per dollar.

UPDATED 8.40PM | As of 6pm, the ringgit was traded at 4.7270/7290.

Top official says doing so will create new vulnerabilities.