Ringgit continues decline against dollar, closing in on 4.8 mark
An analyst says he expects the downward trend to continue for the local currency.
Ringgit hits lowest since 1998 Asian currency crisis
A combination of factors has been cited, including declining exports over the past six months as well as the conflict in Gaza.
Food prices might go up again, economist says after ringgit slump
Barjoyai Bardai says importers need to pay in US dollars.
Ringgit lower against US dollar in early trade
The local note declined to 4.6275/6295 against the US dollar compared with 4.6140/6175 at yesterday’s closing.
Ringgit opens marginally better against US dollar
The local unit stands at 4.6725/6790 versus the greenback compared to 4.6760/6805 at last Friday's close.
Economist warns against politicising ringgit as PH attacks backfire amid currency slump
Statements linking the low ringgit value to administrative weaknesses come back to haunt Pakatan Harapan leaders as they struggle with the latest slide.
Ringgit slides further against US dollar
At 9am, the local currency slipped to 4.6140/6155 against the greenback from yesterday’s closing of 4.6100/6120.
Euro strikes dollar parity as eurozone recession fears mount
The European single currency hit exactly one dollar – its lowest level since December 2002 – before rising to US$1.0023.
Ringgit expected to stabilise against US dollar in second half of 2022
HSBC also expects the local currency to strengthen to 4.28 by the end of the year.
Bank Negara rules out pegging the ringgit
Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus says maintaining a peg would be a very costly policy.
Ringgit is fourth most undervalued currency, says latest global purchasing power index
A comparison of purchasing power through the price of the iconic Big Mac burger suggests that the ringgit is undervalued by as much as 58.9%.
Once among Asia’s worst currencies, ringgit now on the road to recovery
An improving global economic outlook and the deployment of Covid-19 vaccines have boosted the ringgit’s appeal.
