Yen nears weakest in 40 years as BOJ hike fails to stem rout
SINGAPORE: The yen was pinned near four-decade lows on Friday, with markets on heightened intervention watch as neither a U.S.-Iran peace deal nor a rate hike in Japan managed to arrest its prolonged slide.
Ringgit opens higher against US dollar
KUALA LUMPUR: The ringgit opened higher against the US dollar today, recovering from yesterday's sharp decline amid cautious market sentiment following the US Federal Reserve's (Fed) latest policy decision.
Ringgit closes lower against greenback on Fed rate hike expectations
KUALA LUMPUR: The ringgit closed lower against the US dollar on Thursday as expectations of a possible US Federal Reserve (Fed) interest rate hike later this year boosted demand for the greenback.
Malaysia and Russia weigh using ruble, ringgit to boost trade
Malaysian Prime Minister Datuk Seri Anwar Ibrahim and Russian President Vladimir Putin discussed using local currencies in bilateral trade as part of efforts to strengthen economic ties.
Dollar holds two-month high on rate hike bets, yen slides
HONG KONG: The U.S. dollar clung to a more than two-month high on Thursday after a hawkish hold triggered rate-hike bets despite a U.S.-Iran deal, while the yen weakness drew fresh verbal warnings from Japanese officials.
Ringgit opens easier against US dollar
KUALA LUMPUR: The ringgit opened lower against the US dollar on Thursday as sentiment turned cautious after the US Federal Reserve (Fed) adopted a hawkish tone, driving US Treasury yields higher.
China makes new push to take yuan global, vows vigilance against financial risks
SHANGHAI: China announced fresh measures on Wednesday to promote the global use of the yuan and unveiled plans to better manage domestic money market liquidity.
Dollar on the defensive ahead of first Fed decision under Warsh
SINGAPORE: The dollar eased on Wednesday ahead of the Federal Reserve's first policy decision under Chair Kevin Warsh, with lingering optimism over an interim U.S.-Iran peace deal underpinning risk appetite and dampening demand for the U.S. currency.
Ringgit closes lower against the greenback
The ringgit has closed lower against the US dollar as investors remain cautious following the Bank of Japan's (BoJ) decision to raise interest rates.
Ringgit closes lower against greenback on BOJ interest rate increase
KUALA LUMPUR: The ringgit closed lower against the US dollar on Tuesday as investors remained cautious following the Bank of Japan's (BOJ) decision to raise interest rates.
