Ringgit ends higher versus US dollar, regional peers
KUALA LUMPUR, June 25 — The ringgit ended higher against the US dollar today as a higher-than-expected Consumer Price Index (CPI) print for May suggests...
National GDP growth at 4.6 pct, inflation 3.3 pct — RHB forecast
KUALA LUMPUR, June 20 — RHB Investment Bank Bhd has upheld its projection for Malaysia’s gross domestic product (GDP) growth and inflation rate in 2024,...
Shift to targeted subsidies the right move — BNM governor
KUALA LUMPUR, June 12 — The shift from blanket subsidies, including for diesel, towards better-targeted support to the needy ought to be welcomed as a...
BNM exploring various measures for ringgit’s stability
KUALA LUMPUR, June 12 — Bank Negara Malaysia (BNM) is looking into various other measures and initiatives that could be undertaken to ensure the ringgit...
Ringgit to strengthen vs US dollar by year-end — Kenanga Research
KUALA LUMPUR, June 11 — The ringgit has a strong potential to appreciate to 4.42 against the US dollar by year-end. Kenanga Research said although...
BNM’s international reserves at US$113.6 bln by May 31
KUALA LUMPUR, June 10 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$113.6 billion as of May 31. It said the main components of...
BNM announces new assistant governor
KUALA LUMPUR, May 31 — Bank Negara Malaysia (BNM) has announced the appointment of Mohamad Ali Iqbal Abdul Khalid as a new assistant governor, effective...
Ringgit top performer among 10 regional currencies as of mid-May
KUALA LUMPUR, May 26 — The ringgit has recorded the best performance against the US dollar as of mid-May 2024 among 10 regional currencies following...
Ringgit retreats against US dollar at the close on profit-taking
KUALA LUMPUR, May 17 — The ringgit closed slightly lower on Friday against the US dollar on profit-taking following recent gains. At 6pm, the ringgit...
MIDF research maintains 2024 GDP forecast at 4.7 pct
KUALA LUMPUR, May 17 — MIDF Research has maintained its 2024 gross domestic product (GDP) growth forecast at 4.7 per cent, as positive growth momentum...
Malaysia’s economy remains resilient amid consumer spending, tech upswing, tourism
KUALA LUMPUR, May 17 — Malaysia’s economy remains fundamentally strong despite concerns over rising living costs and the weakening ringgit, largely driven by consumer spending,...
BNM’s initiatives help cushion pressure on the ringgit
KUALA LUMPUR, May 17 — Bank Negara Malaysia’s (BNM) initiatives have helped cushion the pressure on the ringgit, resulting in the local currency appreciating by...