‘Malaysian Ringgit’ News Archive

Ringgit Goes Higher as Economy Grows & Control Relaxes

Thursday, August 19th, 2010

Malaysian RinggitThe Malaysian ringgit advanced today after Malaysia’s economy posted the faster-than-expected growth and the central bank relaxed foreign-exchange controls.

Malaysian Ringgit Falls on Economic Concerns

Monday, August 16th, 2010

Malaysian RinggitThe Malaysian ringgit fell today on the concerns that the global economic recovery is faltering, hurting the export-driven economies of Asia.

Malaysian Ringgit Falls on European Debt Concerns

Thursday, June 17th, 2010

Malaysian RinggitThe Malaysian ringgit weakened today as the threat of the spreading sovereign-debt crisis in Europe drove the investors to the safety of the U.S. dollar away from the Asian currencies.

Malaysian Economic Stimulus Pushes Ringgit Up

Friday, April 24th, 2009

Malaysian RinggitThe Malaysian ringgit is topping the gains’ list among Asian currencies, followed by the Singaporean dollar, thanks to the government stimulus and interest rate cuts.

Ringgit Rises to New Monthly High

Friday, March 27th, 2009

Malaysian RinggitThe Malaysian ringgit reached its monthly high today on the traders’ speculations that the demand for the emerging markets’ assets will increase as the recession eases.

Malaysian Ringgit Falls with Emerging Markets

Friday, November 21st, 2008

Malaysian RinggitThe Malaysian ringgit declined slightly today and also posted its third weekly drop against the dollar this week as the emerging stock markets and currencies lived through one of the worst week with the oil, commodities and exports prices falling on the global recession outlook.

Malaysian Ringgit at 21-Month Low

Thursday, October 16th, 2008

Malaysian RinggitThe Malaysian ringgit declined to the lowest level in more than 21 months today as the concerns about the global economy growth rose and the stock markets tumbled world-wide.

Malaysian Ringgit Opens Lower for 6th Day

Tuesday, September 30th, 2008

Malaysian RinggitThe Malaysian ringgit like the other emerging Asian currencies continued to fall today as the U. S. Congress failed to pass the $700 rescue plan for the financial institutions and the global volatility rose on the deeper crisis expectations.

Asian Currencies Fell on High Oil Costs

Saturday, May 17th, 2008

Asian currenciesThe Asian currencies fell this week as the oil prices surged and the rising inflation concerns forced foreign investors to cut the inflow of liquidity into this region.


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