<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 19): AmBank Group Research expects the ringgit (MYR) to trade between its support level of 4.1524 and 4.1553 while the resistance is pegged at 4.1655 and 4.1685.</p></div>

<div class=newsTextDataWrapInner><p>In his AmBankFXDaily note today, AmBank group chief economist and head of research Dr Anthony Dass said the MYR fell 0.14% to 4.157 against the US dollar.</p></div>

<div class=newsTextDataWrapInner><p>He said though the KLCI fell by 0.15% to close at 1,738.0, the market experienced net foreign inflow amounted to RM33.3 millipon.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Dass said on the bond market, the 3-year Malaysian Government Securities yields gained 1 basis points (bps) to 3.620% while 5-year yield rose 1.5bps to 3.785%.</p></div>

<div class=newsTextDataWrapInner><p>“Both 7- and 10-year yields added 0.5bps to 4.015%, and 4.135%.</p></div>

<div class=newsTextDataWrapInner><p>“Meanwhile, tension between the US and Saudi remains. Both the Brent and WTI prices fell by 0.95% and 1.58% to US$79.29/barrel and US$68.65/barrel, respectively.</p></div>

<div class=newsTextDataWrapInner><p>“The MYR closed mix against its regional peers. It loss 0.09% against PHP to 12.97 but gained 0.15% against rupiah to 3,655.2, 0.13% to close at 3.018 against the SGD and 0.28% against Thai Baht to close at 7.855,” he said.</p></div>


KUALA LUMPUR (Oct 19): AmBank Group Research expects the ringgit (MYR) to trade between its support level of 4.1524 and 4.1553 while the resistance is pegged at 4.1655 and 4.1685.

In his AmBankFXDaily note today, AmBank group chief economist and head of research Dr Anthony Dass said the...

Ringgit to move in range of 4.1553 – 4.1655 against USD today, says AmBank Research 

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Deputy Minister of Communications Teo Nie Ching cautioned the public on the latest tactics of scammers impersonating ministry officials.

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Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.

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Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.

Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.

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The Madani government is committed to eradicating hardcore poverty in Sabah despite knowing the situation is quite complicated to resolve, said Prime Minister Datuk Seri Anwar Ibrahim.

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The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has extended condolences to the family of former inspector general of police Tun Mohammed Hanif Omar, who died early on Saturday morning.

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<p>The long-awaited Energy Exchange Malaysia (Enegem) has finally been introduced, along with guidelines on cross-border electricity sales announced by the Ministry of Energy Transition and Water Transformation (Petra) last Monday for exports of green electricity from Malaysia to Singapore and Thailand.</p>


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<p>Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.</p>


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<p>Attention this week will be on the March inflation rate, with the <strong>Department of Statistics Malaysia</strong> (DOSM) slated to put out <strong>Consumer Price Index</strong> (CPI) — the key gauge for inflation — data on Thursday.</p>

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<p>The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has extended condolences to the family of former inspector general of police Tun Mohammed Hanif Omar, who died early on Saturday morning.</p>


<p>S P Setia Bhd has officially launched the LakePoint Complex commercial hub at the 1,235-acre freehold township of SetiaAlam Impian in Shah Alam on Saturday. The ceremony was officiated by the Sultan of Selangor, Sultan Sharafuddin Idris Shah.</p>


<p>The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.</p>


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<p>Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.</p>

<p>Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.</p>


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<p>Barisan Nasional (BN) component parties are required to help the candidate representing the unity government in the Kuala Kubu Baharu state by-election, said BN deputy chairman Datuk Seri Mohamad Hasan.</p>


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<p>Perikatan Nasional (PN) will hold a supreme council meeting on Monday (April 22) on the selection of candidate to contest in the Kuala Kubu Baharu state by-election on May 11.</p>


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<p>Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's (Fed) latest survey of US central bank contacts, with geopolitical troubles and the 2024 US presidential election also mentioned as "a potentially significant source of shocks".</p>


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<p>The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.</p>


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<p>Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.</p>
