Ringgit opens higher vs greenback as US signals Iran exit
KUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday as global sentiment improved on hopes that the US may be leaving Iran in a matter of weeks.
Ringgit, regional currencies edge lower as investors eye US data, developments in West Asia
KUALA LUMPUR: The ringgit and its regional peers continued to trade lower against the US dollar on Tuesday, as market sentiment remained fixated on the conflict in Iran and the elevated global energy crisis.
Ringgit makes modest rebound against greenback at opening
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on Tuesday, with a modest rebound although gains remain limited, said an analyst.
India forces banks to unwind rupee bets, squeezing short sellers
MUMBAI: India has moved to curb speculative bets against the rupee, taking one of its most forceful steps in over a decade as the cost of defending the currency rises.
Ringgit pullback seen temporary amid turmoil
PETALING JAYA: The ringgit's pullback to the RM4 level against the US dollar appears overdone, with analysts saying the recent weakness is being driven more by a bout of global risk aversion than by any serious deterioration in fundamentals.
Ringgit, regional currencies end lower vs US$ as geopolitical tensions persist
KUALA LUMPUR: The ringgit and other regional currencies continued to weaken against the US dollar on Monday as investors sought safety in safe-haven assets amid escalating tensions in the US-Israel war.
Ringgit eases vs greenback, investors shift to safe-haven assets
KUALA LUMPUR: The ringgit eased on Monday as market players continued to shift towards safe-haven assets amid uncertainties surrounding the fallout from the ongoing conflict in West Asia, now stretching beyond a month.
Hawkish Fed bets, oil shock set to sustain ringgit showing
KUALA LUMPUR: The ringgit is expected to trade around the four level against the US dollar this week, as expectations of a prolonged West Asia conflict weigh on the currency.
Hawkish Fed bets, oil shock set to keep ringgit around 4.00 against US dollar next week
KUALA LUMPUR: The ringgit is expected to trade around the 4.00 level against the US dollar next week, as expectations of a prolonged West Asia conflict weigh on the currency.
Ringgit and regional currencies ease against US dollar amid rising demand for safe-haven assets
KUALA LUMPUR: The ringgit, along with other regional currencies, closed lower against the US dollar on Friday as investors, both globally and regionally, shifted back to safe-haven investments due to ongoing geopolitical uncertainties in West Asia.
