ringgit

Retail Asia18/02/2019

The dollar was marginally weaker on Monday, as increasing expectations of a U.S.-Sino trade deal led investors to shift away from the safety of the greenback into riskier assets. Both the United States and China reported progress in five days of negotiations in Beijing last week, although the White House said much work remains to […]

Retail Asia07/01/2019

The ringgit is expected to face a challenging upcoming week as the market uncertainty over trade tensions and a slowdown in the global economy encourage investors to remain risk-off. FXTM Research Global Head of Currency Strategy Jameel Ahmad said that the local unit may face the risk of falling below RM4.15 against the greenback next […]

Retail Asia09/07/2018

The Malaysian stock market and the ringgit, which have seen constant pressure since the surprise outcome of the 14th general election, are unlikely to change course anytime soon as the US action to slap tariffs on imports from China is expected to increase risk aversion in the short term, say economists. Last Friday, the US […]

Retail Asia26/01/2018

The ringgit marched higher against the US dollar today, appreciating by 59% since it was last seen in April 2016, said Oanda Head of Trading for Asia Pacific, Stephen Innes. At 6pm, the local note ended at 3.8840/8870 against the greenback from 3.9110/9140 on Wednesday. Innes said the ringgit touched the 3.8 level, rising 15% […]

Retail Asia08/01/2016

Retailers have experienced a major drop in sales with some registering a more than 40% decline over festive periods in the second half of the year, the Malaysian Employers’ Federation (MEF) said today. MEF executive director Datuk Shamsuddin Bardan said retailers attribute the decline to the combined impact from the implementation of the goods and […]

Tag: ringgit

Dollar eases as trade deal prospects bolster risk, sterling gains

Ringgit likely to trade in cautious mode this week

Malaysian stocks, ringgit to remain under selling pressure

Ringgit marches higher against US dollar

GST, ringgit decline hit retailers causing 40% drop in sales, says employers group