Ringgit extends gain vs US$ in opening trade


KUALA LUMPUR: The ringgit continued to strengthen against the US dollar at the opening session on Monday, continuing from last Friday, as the Malaysian economy was projected to grow higher in the second quarter, signalling that the country’s economy remains resilient.

Malaysia's economy was forecast to grow by 4.5 per cent in the second quarter based on advance gross domestic product (GDP) estimates last Friday, slightly outpacing the previous quarter’s 4.4 per cent.

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