Ringgit May Strengthen Slightly Against US Dollar Next Week
KUALA LUMPUR, Nov 7 – The ringgit may strengthen slightly against the US dollar next week as investors assess the latest economic data and interest rate outlook in the United States. However, global market uncertainty and geopolitical risks could limit the local currency’s gains. US Inflation Data in Focus Bank Muamalat Malaysia Bhd chief economist […]
Ringgit Opens Slightly Higher Against US Dollar Ahead of Key Economic Decisions
KUALA LUMPUR, November 4 – The ringgit opened slightly higher against the US dollar on Wednesday as investors remained cautious ahead of the United States midterm election results and Bank Negara Malaysia’s (BNM) upcoming monetary policy decision. At 8am, the local currency was quoted at 4.0730/0795 against the US dollar, compared with Tuesday’s closing rate […]