Ringgit rises to one-year high against the greenback


Stronger ringgit: Lee says the ringgit could end on a stronger note by the end of the year in anticipation of a change in monetary policies

PETALING JAYA: The ringgit climbed to one-year high, buoyed by the higher price of crude oil and rising prospect of an interest rate hike happening next year.

The ringgit was traded at 4.1757 yesterday against the US dollar.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , ringgit , currency , Lee Heng Guie , oil , Brent Crude

Next In Business News

A governance test for UOA-REIT
What Wall Street got wrong in 2025
Mainstream crypto raises investor risk
Teh Tarik Nation’s traditional pull
Sukuk redemption marks positive step for Cypark Resources
Bond strategies pivot to govts, EMs
Wall Street remembers a wild 2025
AI rules investment strategy
IHG boosts upscale stays market
11 new luxury hotels redefining travel

Others Also Read