<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 17): Ringgit halts four days of losses, consolidating as traders await developments on U.S. trade protectionism and Syria.</p></div>

<div class=newsTextDataWrapInner><p>* USD/MYR steady at 3.8865</p></div>

<div class=newsTextDataWrapInner><p>** Support 3.8465, 3.8000, 3.7310; resistance 3.9000, 3.9290, 3.9313</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>** Bloomberg Dollar Spot Index -0.1%; Brent crude +0.2% to $71.74</p></div>

<div class=newsTextDataWrapInner><p>* USD/MYR is expected to remain in its one-month trading range of 3.8570-3.9270, says Angus Salim Amran, head of financial markets at RHB Investment Bank in Kuala Lumpur</p></div>

<div class=newsTextDataWrapInner><p>** Heightened trade and geopolitical risks will remain an overriding influence on the ringgit</p></div>

<div class=newsTextDataWrapInner><p>* MYR is among the EM FX most exposed to global volatility: Standard Chartered</p></div>

<div class=newsTextDataWrapInner><p>* An auction of 2023 notes due this month may top RM4 billion as the offering will be the new 5-year benchmark bond, CIMB strategists including Nik Mukharriz wrote in note Monday</p></div>

<div class=newsTextDataWrapInner><p>** Upcoming 5-year auction is expected to see strong demand at 3.70%-3.75%</p></div>

<div class=newsTextDataWrapInner><p>** NOTE: Yield on govt bonds due March 2022 rose 3bps to 3.63% Monday</p></div>

<div class=newsTextDataWrapInner><p>* Authorities started intra-day short-selling of equities for all investors from Monday as part of a strategy to boost market liquidity: stock exchange<br />
&nbsp;<br />
* CPI +1.6% in March y/y vs +1.4% in February: Bloomberg survey before data due Wednesday</p></div>


KUALA LUMPUR (April 17): Ringgit halts four days of losses, consolidating as traders await developments on U.S. trade protectionism and Syria.

* USD/MYR steady at 3.8865

** Support 3.8465, 3.8000, 3.7310; resistance 3.9000, 3.9290, 3.9313

** Bloomberg Dollar Spot Ind...

Ringgit halts 4-day loss with USD on back foot

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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.

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<p>Former inspector general of police Tun Mohammed Hanif Omar died at 2.15am on Saturday. He was 85.</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>Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.</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>Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the US stock rally, which has flagged as expectations for interest cuts fade.</p>


<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>


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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>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>


<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>


<p>Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...