Money
Ringgit up against US dollar on oil prices at market close to petrol producing Malaysia’s gain
At 6pm on December 26, 2024, the ringgit rose to 4.4670/4715 against the US dollar — Picture by Hari Anggara

KUALA LUMPUR, Dec 26 — The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter.

At 6 pm, the ringgit rose to 4.4670/4715 versus the greenback from 4.4845/4900 at Tuesday’s close.

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The ringgit has outperformed other Southeast Asian currencies year to date by posting nearly a 2.8 per cent gain against the US dollar. — Bernama



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