The Israeli shekel is advancing toward NIS 3.07 per US dollar, a near 30-year high. This level, not reached since the 1990s, appears to be driven by improving geopolitical sentiment and a weakening US dollar on global markets.

KUALA LUMPUR: The ringgit opened firm at 3.96 against the United States (US) dollar this morning amid heightened concerns about currency intervention by US and Japanese authorities. At 8am, the ringgit was trading at 3.9650/9750 against the US dollar from 3.9615/9670 at yesterday’s close, the last time the ringgit was seen at this level was in May, 2018. Bank Muamalat Malaysia Bhd Chief Economist Mohd Afzanizam Abdul Rashid said the ringgit was expected to continue to rise today due to the weakening US dollar. “The Japanese yen rose strongly against the US dollar as talk of possible intervention by the […]

THE exchange rate from the United States (US) dollar to the Malaysian Ringgit this morning was below RM4 for the first time since July 2015. Early this morning, the value of US$1 is equivalent to RM3.96 and when the article was written it all increased to around RM3.971. In June 2015, the value of US$1 was equivalent to RM3,823 with the value of the Malaysian Ringgit rising again over the past few weeks. The increase in the value of the ringgit is good for consumers, with the last time this happened, the selling prices of some products becoming more affordable. […]

KUALA LUMPUR: The ringgit briefly hit the psychological level of 3.99 against the United States (US) dollar at 2.27 pm today. The local currency strengthened to 3.9992 against the US dollar, its strongest level in more than seven years. The last time the ringgit was at this level was on June 18, 2018, when it reached 3.9960/9990. Previously, economists had projected the ringgit to trade within that range in the first half of 2026, before strengthening towards 3.94 against the US dollar in the second half of this year, supported by Malaysia’s positive economic outlook. They said the possibility was […]

Iran's Central Bank reports $330mn foreign currency supply from non-oil exports at Exchange Centre on January 19, following Food Security and Public Welfare Working Group meeting discussing essential goods imports.

KUALA LUMPUR: The ringgit opened slightly higher against the United States (US) dollar on Thursday, supported by a decline in US Treasury yields, which weighed on the US dollar as the market priced in a more accommodative policy stance from the US Federal Reserve (Fed). At 8am, the ringgit was trading at 4.0450/0550 against the US dollar at 4.0465/0525 at the close on Wednesday. IPPFA Sdn Bhd Investment Strategy Director and Economist Mohd Sedek Jantan said the ringgit’s rise reflected the weaker US dollar overnight as US Treasury yields declined slightly. He told Bernama that the US dollar’s decline from […]

Viele Anlegerinnen und Anleger setzen auf Fremdwährungen – sei es für schnelle Renditen oder zur Diversifikation. Doch wie gut eignen sich US-Dollar, Euro und Yen und Co. als Investition? In diesem Ra...

US dollar reached IRR1.45mn on Iran's free market on January 5 with euro at IRR1.69mn and British pound at IRR1.95mn, whilst Emami gold coin traded at IRR160mn according to Bonbast rates.

DAMASCUS: First Deputy Governor of the Central Bank of Syria (CBS), Mokhles al-Nazer, on Saturday announced the start of official transactions with new Syrian banknotes following meticulous preparations carried out over the past few months, reported the Syrian Arab News Agency (SANA). “Since early this morning (Saturday), representatives from private banks and currency exchange companies have begun flooding the Central Bank branches in every region to receive the new Syrian pound currency,” said Al-Nazer in a post on the X platform. On Friday, CBS urged all parties to comply with instructions regarding the preservation of the integrity, quality and appearance […]

KUALA LUMPUR: The ringgit strengthened against the United States (US) dollar on the first day of trading in 2026 today, as the developed country’s currency depreciated on expectations that the US Federal Reserve will continue to cut interest rates this year. At 8 am this morning, the ringgit rose to 4.0540/0645 against the US dollar from the level of 4.0580/0620, last Wednesday. The market was closed yesterday in conjunction with the New Year public holiday. Reports state that the US Federal Reserve (Fed) is expected to continue implementing further cuts in key interest rates this year, amid pressure and open […]

KUALA LUMPUR: The ringgit recorded a lower performance at the end of today’s trading against the United States (US) dollar and major currency groups as investors and traders remained cautious ahead of the developed country’s interest rate forecast for 2026. At 6pm, the ringgit weakened to 4.0580/0625 against the US dollar from 4.0470/0535 at the close of trading last Friday. Bank Muamalat Malaysia Bhd Chief Economist Dr Mohd Afzanizam Abdul Rashid said market activity was likely to be more subdued in the final days of 2025 due to the lack of new catalysts following a short trading week. “In addition, […]

The Iranian rial weakened sharply in recent days, pushing the open-market US dollar rate beyond IRR1,360,000, as a mix of domestic policy strains, ...

The yen’s weakness has sharpened the policy dilemma facing Japan. While a softer currency boosts exporters’ overseas earnings when converted into yen, it also raises the cost of imports for the resource-dependent economy.

The baht has already appreciated to a more than four-year high at just above THB31 per dollar, as the dollar index extended its decline for a second consecutive session.

KUALA LUMPUR: The ringgit closed slightly lower against the US dollar on Wednesday, ending its four-day consecutive gain as some traders took profits. At 6pm, the ringgit weakened slightly to 4.0855/0940 against the US dollar from Tuesday’s closing level of 4.0835/0875. Bank Muamalat Malaysia Bhd chief economist, Dr Mohd Afzanizam Abdul Rashid, however, said the ringgit performed very well today as it continued to rise against other currencies. “The ringgit rose against the Singapore dollar at the close of trading today. The next data focus is the United States (US) consumer price index (CPI) which will be released tomorrow,” he […]

KUALA LUMPUR: The ringgit closed higher at 4.10 against the US dollar on Thursday, hitting a new high in four years and six months after the United States Federal Reserve (Fed) cut interest rates for the third time this year, weighing on the US dollar. At 6pm, the ringgit surged to 4.1040/1105 against the US dollar from 4.1155/1195 at the close on Wednesday. The local currency surpassed the previous high recorded on June 11, 2021, when it closed at 4.1070 against the US dollar. Yesterday, the US Federal Open Market Committee (FOMC) lowered interest rates to between 3.5 and 3.75 […]

KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on Tuesday, in line with expectations of reaching RM4.10 by year-end, following statements tending towards a cut in interest rates by US Federal Reserve (Fed) officials that weakened the US currency. At 8.00 am, the ringgit rose to 4.1365/1470 against the US dollar from the closing level of 4.1370/1420 at yesterday’s close. Bank Muamalat Malaysia Bhd Chief Economist, Mohd Afzanizam Abdul Rashid said the ringgit is expected to maintain its positive momentum today. “The US dollar-ringgit exchange rate will move around RM4.13 to RM4.15,” he said. Mohd Afzanizam also […]

KUALA LUMPUR: The ringgit closed higher against the United States (US) dollar today in line with the rise in several regional currencies despite the stronger-than-expected US non-farm payrolls report for September. At 6pm, the ringgit strengthened to 4.1460/1495 against the US dollar from 4.1565/1645 at yesterday’s close. Bank Muamalat Malaysia Bhd Chief Economist Dr Mohd Afzanizam Abdul Rashid said the strengthening of the ringgit was in line with other currencies such as the euro, British pound, Singapore dollar, Thai baht and Indonesian rupiah. “The latest US non-farm payrolls report showed 119,000 jobs were created in September, exceeding expectations. “Perhaps the […]