KUALA LUMPUR:The ringgit ended higher against the US dollar on Monday, underpinned by Malaysia’s economic resilience after advance gross domestic product grew a stronger-than-expected 5.7 per cent in the fourth quarter (Q4) of 2025.
At 6pm, the local currency rose to 4.0520/0570 against the greenback from 4.0555/0605 at last Friday’s close.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the economy’s resilience had prompted traders to adopt a more constructive view on the ringgit.
More to come
© New Straits Times Press (M) Bhd