Ringgit strengthens 14.4% vs US$ in 3Q24, one of the best performing currencies globally


KUALA LUMPUR: The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).

The local currency opened firmer at 4.2845/2950 and continued its upward momentum to finish at 4.2800/2830 versus the greenback at 6 pm today compared with yesterday’s close of 4.2850/2895.

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