Ringgit breaches RM4.14 against US dollar for the first time since November 2021
Publish date: Wed, 25 Sep 2024, 08:43 AM
KUALA LUMPUR, Sept 25 – The ringgit maintained its upward momentum against the US dollar at today's opening, breaking through the RM4.14 level for the first time since November 2021, an economist said.
This was attributed to better-than-expected local economic data and the recent US interest rate cut.
At 8 am, the ringgit was trading at 4.1490/1600 against the dollar, compared to Tuesday's close of 4.1550/1605.
- Bernama
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