Ringgit on non-stop rally for 11 straight days vs US$


KUALA LUMPUR: The ringgit continued to be well supported and sustained its upward momentum for 11 straight days against the US dollar as investors redirect their investments towards the Asia-Pacific region following weaker US jobs data last Friday, said an analyst.

At 8 am today, the ringgit appreciated to 4.4930/5010 versus the US dollar from last Friday's close of 4.4945/4995.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Hong Kong shares fall after Lunar New Year break, tech drops
Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk

Others Also Read