OPR rate likely to remain; ringgit forecast at 4.25 versus US dollar at year-end — Kenanga
KUALA LUMPUR, Oct 8 — Bank Negara Malaysia is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months,...
Ringgit poised for further gains next week on US Fed’s rate cut hints
KUALA LUMPUR, Aug 24 — The ringgit is expected to strengthen against the US dollar next week, driven by signals from the US Federal Reserve...
Malaysia’s GDP growth momentum to taper off going into second quarter
KUALA LUMPUR, Aug 5 — Malaysia’s gross domestic product (GDP) growth momentum is expected to taper off going into the second half of 2024 (2H...
Ringgit poised to trend higher to 4.65 against US dollar next week
KUALA LUMPUR, July 13 — The ringgit is poised to trend higher next week to 4.65 against the US dollar, supported by positive economic indicators....
Ringgit likely to trade in narrow range versus US dollar next week
KUALA LUMPUR, May 18 — The ringgit is expected to trade in a narrow range of 4.67 to 4.69 against the US dollar next week...
Analysts positive on industrial sector growth prospects this year
KUALA LUMPUR, April 9 — Analysts are optimistic about the growth prospects for Malaysia’s industrial sector this year despite a softer industrial production index (IPI)...
Manufacturing sector to see robust recovery in second half of 2024
KUALA LUMPUR, Feb 8 — Malaysia’s manufacturing sector is expected to see a robust recovery in the second half of 2024 (2H24), and the manufacturing index is forecasted...
US economic data to set ringgit’s direction next week
KUALA LUMPUR, Dec 2 — The foreign exchange market is predicted to remain cautious next week, with all eyes on major data points, including the...
Ringgit likely to trade range-bound next week ahead of US economic data
KUALA LUMPUR, Nov 25 — The ringgit is expected to trade range-bound ahead of the next set of tier-one United States (US) economic data on...
Kenanga: Total industry volume in 2023 likely up 7pct to 770,000 units
KUALA LUMPUR, Nov 20 — Kenanga Investment Bank Bhd has upgraded its calendar year 2023’s total industry volume (TIV) forecast by seven per cent to...
Ringgit likely to trade cautiously against US dollar next week
KUALA LUMPUR, Nov 11 — The ringgit is expected to trade cautiously against the US dollar next week as traders seek fresh leads on more...
Budget 2024: Government expected to project higher GDP target — Kenanga
KUALA LUMPUR, Oct 9 — Kenanga Investment Bank Bhd expects the government to project a higher gross domestic product (GDP) growth target in 2024, potentially...