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Ringgit ends higher against greenback amid confidence in Malaysia’s economic fundamentals

KUALA LUMPUR: The ringgit rebounded to close higher against the US dollar on Wednesday amid confidence in Malaysia's economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments and expectations of sustained domestic growth, an analyst said.

The Star MalaysiaThe Star查看原文 ↗
受市场对马来西亚经济基本面的信心提振,令吉兑美元汇率收高。

KUALA LUMPUR: The ringgit rebounded to close higher against the US dollar on Wednesday amid confidence in Malaysia’s economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments and expectations of sustained domestic growth, an analyst said.

At 6 pm, the ringgit rose to 4.0745/0790 against the US dollar from Tuesday’s close of 4.0865/0900.

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