Malaysia ringgit hits 7-week high as polls flag Bremain


Few expect the ringgit to regain all the ground lost last year. Bernama pic

SINGAPORE: Malaysia's ringgit on Friday hit a seven-week high as polls suggested Britain had voted to remain in the European Union.

The ringgit rose as much as 1.2 percent to 3.9700 per dollar, its strongest since May 4.

The Malaysian currency was quoted earlier than usual as investors were keeping an eye on the Britain's referendum to stay or leave the union. - Reuters

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ringgit , dollar , pound , sterling , yen , yuan , forex , economy , exchange , rate ,

Next In Business News

Operating costs keep budget under pressure
Govt revenue expected to rise 4.7% to RM380.8bil
AI borrowers face costly reality
Two-car race gets hotter
Private equity’s tougher path to riches
Higher bond yields for longer?
Building domestic capabilities through investments
A lifeline for TXCD, a risk for Vestland
French woes fuel contagion
Growth, fiscal consolidation remain key priorities

Others Also Read