Tag: ringgit

Downward trend in Malaysia’s economic sentiments deepen

Malaysia Independent Economic Research (MIER) consumer sentiment index (CSI) and business condition index (BCI) is on a downward trajectory and with fading optimism, the...

One year after Pakatan Harapan win, global investors are still staying away from Malaysia

Kuala Lumpur — One year after the historic win of Dr Tun Mahathir Mohamad and the Pakatan Harapan (PH) coalition, Malaysia is facing some...

Ringgit’s decline may be due to current political instability in Malaysia

Malaysia’s ringgit has been in a steady decline this year, with some analysts saying the weakening of the currency may continue until 2019. Last April,...

Ignoring 1MDB, foreign investors flock into Malaysia with cheap ringgit

Bloomberg said recently that Malaysian assets are back in favour of foreign investors, adding that this was because of signs of an economic turnaround instead of a...

Ringgit to remain cheap in first half of this year

Ringgit still expected to weaken along with most Asian currencies against the US dollar, but analysts now see it falling to 4.46, instead of...

Steep weakness of the ringgit the cause of Malaysia’s high inflation

While higher oil prices are being seen as the catalyst behind the significant spike in inflation, the price of oil has resumed its weakness...

Analyst bullish on Malaysian ringgit

Christopher Wood, a well-respected analyst from CLSA is now bullish on Malaysia's ringgit, even as oil prices nose-dived last week. Malaysia is a rare net...

Singapore dollar hits milestone high against ringgit

In another milestone, the Singapore dollar rose to a record high of S$1 to RM3.1728 against the unstable Malaysian ringgit in the afternoon. The previous...

AirAsia X: More people to the skies with high profit

Public listed AirAsia X Bhd (AAX) took more people to the skies, profiting with record gains in its books though results fell short of analysts'...

Bonds prices fall, ringgit dwindles again

Dwindling Sukuk gets ringgit boost thanks to the Islamic Development Bank (IDB), but the local currency is on a slide with the shadow of...
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