Research group predicts ringgit appreciation to RM4.50 by year-end
KUALA LUMPUR, March 12 — AmBank Economic Research is forecasting the ringgit to appreciate further to around RM4.50 by the year-end against the US dollar due...
Analysts: Ringgit likely to strengthen against US dollar this year
KUALA LUMPUR, March 7 — The ringgit is in a good position to strengthen this year, supported by the upbeat domestic economy and externally, the...
Inflation to remain modest for rest of 2023, early 2024
KUALA LUMPUR, Nov 24 — Malaysia’s inflation will continue to remain modest for the rest of 2023 and in the early part of 2024 due...
RHB Research: Malaysia’s IPI to stabilise further in fourth quarter
KUALA LUMPUR, Sept 11 — RHB Research expects Malaysia’s Industrial Production Index (IPI) to stabilise further in the fourth quarter (4Q) of 2023. This is...
CPI this year projected at 3.0; petrol, diesel price status quo — Analysts
KUALA LUMPUR, Aug 25 — MIDF Research has maintained Malaysia’s Consumer Price Index (CPI) forecast at 3.0 per cent for 2023, despite the latest July...
BNM’s OPR status quo allows economy to readjust — Ambank Research
KUALA LUMPUR, March 9 — Bank Negara Malaysia’s (BNM) decision to keep the overnight policy rate (OPR) unchanged at 2.75 per cent will allow the...
Ringgit extends downtrend, goes down to 4.57 against US dollar
KUALA LUMPUR, Sept 23 — The ringgit continued to weaken against the US dollar, breaching the 4.57 level as the greenback continued to strengthen after...
Ringgit declines against US dollar at the close
KUALA LUMPUR, Sept 22 — The ringgit depreciated against the US dollar today despite higher oil prices, said a dealer. Additionally, the greenback improved after...
Analysts predict OPR may hit 3 pct in 2023
KUALA LUMPUR, July 7 — Analysts believed Bank Negara Malaysia (BNM) will further normalise its policy rate going forward and gradually raise the Overnight Policy...
Research houses expect supply chain disruptions to increase inflationary pressure
KUALA LUMPUR, Apr 25 — The global supply chain disruptions due to the Covid-19-triggered lockdowns in China and the ongoing Russia-Ukraine war may continue to...
Ringgit closes lower against US dollar
KUALA LUMPUR, Dec 13 — The ringgit closed easier against the US dollar on Monday on better buying support for the greenback as investors turned...
Research firms expect manufacturing activities to further strengthen
KUALA LUMPUR, Nov 2 — MIDF Research anticipates that manufacturing activities in Malaysia will strengthen further, bolstered by the recovery in domestic demand and robust...