Ringgit rises to 3.9992 against US dollar amid upbeat outlook


KUALA LUMPUR: The ringgit breached the RM4 threshold to hit a fresh five-year high as traders assessed strong economic growth and an otherwise upbeat annual outlook.

The local currency was traded at 3.9992 against the US dollar at 2.19pm. Year-to-date, the ringgit has appreciated about 1.5%.

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