#us dollar

World Bank: No quick fix for ringgit slide, fiscal reforms needed

World Bank: No quick fix for ringgit slide, fiscal reforms needed

Ringgit’s strength will depend on how well the Malaysian economy performs.
3y ago
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Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

It falls to 4.6045/6085 against the greenback from yesterday’s 4.6030/6045.
3y ago
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Ringgit falls to new 24-year low as it touches 4.60 to US dollar

Ringgit falls to new 24-year low as it touches 4.60 to US dollar

It also slipped against the British pound 5.9197/9213.
3y ago
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Asian currencies plumb multi-year lows as safe-haven demand lifts dollar

Asian currencies plumb multi-year lows as safe-haven demand lifts dollar

Equities in Southeast Asia broadly decline - ringgit hits 24-year low.
3y ago
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Ringgit slides further, touches 4.59 against US dollar at opening

Ringgit slides further, touches 4.59 against US dollar at opening

However, the ringgit is higher against a basket of other major currencies.
3y ago
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Bank Negara: Ringgit will continue to be 'market determined' amid rising USD

Bank Negara: Ringgit will continue to be 'market determined' amid rising USD

 It will continue to monitor and ensure orderly financial market conditions 
3y ago
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No capital controls, currency peg as ringgit trades near 24-year low

No capital controls, currency peg as ringgit trades near 24-year low

Ringgit has dropped nearly 9.0 pct this year as US dollar strengthened.
3y ago
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LETTER | Impact of US dollar’s appreciation on local economy

LETTER | Impact of US dollar’s appreciation on local economy

Greenback's rise greatly impacts M'sia's external debt, import costs.
3y ago
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COMMENT | Is the ringgit really that weak?

COMMENT | Is the ringgit really that weak?

US dollar is strengthening against almost all currencies.
3y ago
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Oil prices climb on weak dollar, supply concerns

Oil prices climb on weak dollar, supply concerns

Brent crude prices hit US$92.50 a barrel during early Asian trade.
3y ago
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Guan Eng urges structural economic reforms as 1MDB debt soars

Guan Eng urges structural economic reforms as 1MDB debt soars

Two tranches of debt due this year when ringgit at historic low.
3y ago
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Economists: Ringgit slide effect on daily life minimal, but best to cut spending

Economists: Ringgit slide effect on daily life minimal, but best to cut spending

They say M'sian economy not in crisis mode despite poor ringgit performance.
3y ago
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YOURSAY | Does the govt care about how low the ringgit will go?

YOURSAY | Does the govt care about how low the ringgit will go?

‘I believe the time has come for a loud jihad against the rising US dollar.’
4y ago
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M’sia not in economic crisis, Zafrul says amid weakening ringgit

M’sia not in economic crisis, Zafrul says amid weakening ringgit

The ringgit has strengthened against many other major currencies, he adds.
4y ago
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Zafrul: Govt not 'too fixated' on ringgit performance, focused on economy

Zafrul: Govt not 'too fixated' on ringgit performance, focused on economy

This is after the ringgit closed at RM4.50 per US dollar.
4y ago
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USD breaches RM4.50 mark, at 24-year low

USD breaches RM4.50 mark, at 24-year low

A resurgent greenback is exerting pressure on regional currencies. 
4y ago
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Ringgit likely to continue losing streak amid mounting inflation jitters

Ringgit likely to continue losing streak amid mounting inflation jitters

Ringgit is also under pressure from China's weak second quarter 2022 growth.
4y ago
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Ringgit extends losses to open marginally lower against US dollar

Ringgit extends losses to open marginally lower against US dollar

The local currency slipped to 4.4450/4485.
4y ago
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Ringgit hits RM4.4 against US dollar, lowest since March 2020

Ringgit hits RM4.4 against US dollar, lowest since March 2020

Performance reflects economic uncertainties including higher interest rate from US Federal Reserve.
4y ago
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Ringgit opens higher against US dollar supported by oil prices

Ringgit opens higher against US dollar supported by oil prices

At 9am, the local unit was traded at 4.1830/1890 against the greenback, from Wednesday’s close of 4.1900/1950.
6y ago
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Ringgit opens slightly better against US dollar

Ringgit opens slightly better against US dollar

Kenanga Research says positive news of lower Covid-19 cases in Malaysia supported the ringgit.

6y ago
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Research firm expects recovering oil prices to limit ringgit from depreciating

Research firm expects recovering oil prices to limit ringgit from depreciating

It says the ringgit will average stronger in 2021 as the global economy will likely be on a stronger footing then.

0s ago
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LETTER | Upending the end-game

LETTER | Upending the end-game

We can emerge as a regional hub for storage, digitisation and trading of securitised assets.
6y ago
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Pound down after coronavirus-stricken Johnson taken to hospital for tests

Pound down after coronavirus-stricken Johnson taken to hospital for tests

CORONAVIRUS | 'When a head of state or government is stricken like this, it will cause concern for holders of sterling and sterling assets.'

6y ago
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