Upbeat 2024 GDP performance drives ringgit to end higher


KUALA LUMPUR: The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.

According to Bank Negara Malaysia (BNM), the Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, due to continued expansion in domestic demand and a rebound in exports.

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