Ringgit strengthens on bargain-hunting against US dollar
Photo: theSun
The ringgit closed higher against the US dollar on Friday, boosted by bargain-hunting despite rising odds of Fed interest rate hikes.
From the original report
At 6 pm, the ringgit increased to 4.0715/0765 versus the greenback from Thursday’s close of 4.0840/0880.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit strengthened to RM4.0673 against the US dollar early in the morning before giving up some of its gains to trade at RM4.0743 in the afternoon.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
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About this story
- Source
- theSun
- Originally published
- Sep 25, 2026
- Updated here
- Sep 25, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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