Ringgit at strongest showing so far this year as US$ declines

"Malaysia deserves better, certainly not RM4.50 to US$1.".

PETALING JAYA: The ringgit is poised to trend upwards on the domestic currency strengthening to RM4.4135 as at 5pm yesterday, its strongest showing year to date. This came about amidst the continuing decline of the US dollar.

Supported by measures taken by Bank Negara last December to increase the demand for the ringgit, the local currency rose to a record four-month high yesterday.