News for USD/MYR (USDMYR)

KUALA LUMPUR: Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift ...

At 8 am, the local note made a small rebound to 4.2275/2370 against the greenback compared to Monday’s close of 4.2290/2345.

Ringgit may stay in RM4.22–RM4.24 range next week as markets watch US tariff policy and Fed’s upcoming interest rate decision.

The Korean won has depreciated following reports that U.S. officials have not sought to include currency policy commitments in global trade negotiations. As a r

The Malaysian Ringgit surged to its highest level against the US dollar since early October. On Monday, several Asian currencies strengthened against the dollar

At 8 am, the ringgit stood at 4.4200/4275, almost unchanged against the greenback from yesterday’s close of 4.4200/4235.

At 8 am, the local note further appreciated to 4.4185/4315 against the greenback from 4.4230/4270 at Thursday’s close.

KUALA LUMPUR: The ringgit extended its positive run against the US dollar today as a result of a weakening greenback following greater uncertainties o...

Ringgit strengthens as US dollar weakens after tariff decision; analyst expects potential Fed policy shift amid economic concerns.

Ringgit opens higher against USD amid US tariff implementation; mixed performance against major and ASEAN currencies.

KUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday amid cautious sentiments due to the current global economic development, sa...

At 8 am, the ringgit appreciated to 4.3700/3795 against the dollar

Asian currencies, specifically the Thai Baht and Malaysian Ringgit, experienced notable declines as the US Dollar strengthened following indications that the Fe

The Malaysian ringgit continued to appreciate against the US dollar on Monday, making it one of the best performing Asian currencies year to date. CIMB Treasury & Market Research expect the ringgit to regain its strength even further in the near term.

Maybank Investment Bank (IB) expressed “last calls for bets” in a note on Monday for Genting Bhd (KL:GENTING), whose sum-of-parts (SOP)-based target price (TP) may be raised to RM9.35, if its 20%-owned TauRx Pharmaceuticals ends up getting valued at US$15 billion (RM70.11 billion).

MIDF Research is optimistic about the ringgit strengthening to approximately 4.43 versus the greenback by year end, while Maybank Investment Bank remains cautious, expecting the US dollar's strength to keep the local currency around 4.70-4.75 levels until some potential relief later in 2024.

Malaysia’s central bank has been increasingly using currency forwards to support the ringgit, easing pressure on its foreign-exchange reserves.

AmInvestment Bank Bhd has selected Hong Leong Bank Bhd, IOI Properties Group Bhd and Greatech Technology Bhd as its new top stocks to buy. These three counters replaced its earlier picks namely CIMB Group Holdings Bhd, Mah Sing Group Bhd and Sunway Bhd, after their share prices have reached near or above the research house’s fair values, said AmInvestment Bank Bhd in a note released on April 2.

Google Malaysia on Monday apologised for misquoting the ringgit's exchange rate, after the country's central bank called out its error, saying the tech giant had undervalued the currency against the...