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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

Asian stocks pulled lower by tech, gold and silver cool off
Malaysia's inflation to remain low, stable ahead - MBSB IB
Six China IPOs debut in Hong Kong after raising US$900mil to cap banner year
Ringgit continues upward momentum, opening slightly higher
Market remains subdued in penultimate trading day of 2025
Trading ideas: Velesto, Maxis, Infomina, Awantec, Willowglen, Silver Ridge, Perdana, Hume cement, Shin Yang, D&O, Powerwell, Kee Ming, Kim Loong, Crescendo
Oil jumps 2% as investors weigh Ukraine talks against supply outlook
US stocks close below record highs, world indexes set for double-digit 2025 gains
Louis Gerstner, CEO credited with turning around IBM, dies at 83
China’s solar additions rise to six-month high

Others Also Read