BNM intervention helps revive ringgit despite stronger greenback


KUALA LUMPUR: The ringgit traded firmer against the US dollar on Friday as Bank Negara Malaysia’s (BNM) intervention helped the ringgit to stabilise even as the US dollar gains strength compared with other major currencies.

At 6 pm, the local note ended at 4.6635/6705 against the greenback compared with 4.6705/6740 on Wednesday.

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 , US dollar , Stephen Innes , BNM

Next In Business News

Stronger fee income to augur well for CIMB Niaga
Critical’s earnings set to surge in FY27
CME: Inflation at 1.8% masks a bigger warning
JHM prospects strengthen on earnings recovery
Postal business turnaround key to Pos Malaysia performance
Markets too hawkish on betting Fed will hike rates
Pharmaniaga set for stronger prospects from FY27
NEEAP 2.0 to spur energy-efficiency spending
Industrial real estate market holds strong
Coastal OSV sale to boost firm’s profit trajectory

Others Also Read