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Ringgit extends uptrend now against greenback in early trade

1 min read
SARA and STR Aid Reach RM13 Billion in 2025 ringgit, telegram investment, ringgit appreciates, ms puiyi, IMF, wealth tax, cctv, bank negara, new taxes, dividend, the ringgit, low ringgit, 1.4m epf members, Desperate Malaysians, Money Changers, Ringgit Remains Low, Financial Ringgit, Senior Officer begging RM200, ringgit downfall government, Malaysian speculators, Price control, rich banks, global recession fears, wage theft, wong yang ke
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The Malaysian ringgit strengthened slightly against the US dollar on Friday, trading at 4.4600/4700 compared to 4.4610/4650 on Thursday.

This follows robust US labor market data, which supports a measured monetary policy easing by the Federal Reserve, and pressure on the European Central Bank for rate cuts. The ringgit also gained against major currencies like the British pound and euro but weakened against the Japanese yen.

It showed mixed performance against ASEAN currencies, appreciating against the Singapore dollar and Thai baht.

Ringgit

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