Ringgit retreats on profit-taking but rounds off 2025 on high note vs greenback


KUALA LUMPUR: The ringgit closed lower against the greenback on the last day of 2025 on profit-taking after the release of minutes from the US Federal Open Market Committee (FOMC) December meeting showed a hawkish tone, but rounded off the year as one of the best-performing currencies in the region.

At 6 pm, the ringgit dropped to 4.0580/0620 against the US dollar from 4.0460/0505 at yesterday’s close, with analysts expecting the Malaysian currency to appreciate even further next year, bolstered by the strong domestic economy.

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