KUALA LUMPUR: The ringgit jumped against the US dollar at the close on Tuesday, reaching its highest level in 34 months after China unveiled a stimulus package aimed at revitalising its economy.
At 6 pm, the ringgit surged to 4.1550/1605 against the US dollar, up from Monday's close of 4.2000/2060, marking a year-to-date gain of 10.49 per cent. This was the ringgit’s highest closing level since Nov 11, 2021, when it was at 4.1525/1545.
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