Ringgit opens flat vs US dollar, firmer against other currencies

KUALA LUMPUR: The ringgit opened almost flat against the US dollar today ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday, an analyst said. At 9 am, the local note stood at 4.6450/6525 against the US dollar from 4.6445/6485 at Friday’s close. Bank Muamalat Malaysia Bhd chief economist and social finance […]

Chinese workers scramble for help after forex scam

BINTULU: An illegal forex trader is believed to have fleeced millions of ringgit out of unsuspecting Chinese nationals working in the state, forcing them to now turn to the police for help. Their plight was brought to the public’s attention by Bintulu MP Datuk Sri Tiong King Sing who said a police report was lodged […]