Forex

Ringgit rises to one-year high against the greenback

By DANIEL KHOO
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.

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Business , ringgit , currency , Lee Heng Guie , oil , Brent Crude

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