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Ringgit Rises to Nine-Month High on Tariff Relief, Weak Dollar

Ringgit Rises to Nine-Month High on Tariff Relief, Weak Dollar

Bloomberga day ago
Malaysia's ringgit advanced to the strongest level in nine months against the dollar, buoyed by easing global trade tensions and broad weakness in the US currency.
The ringgit climbed as much as 0.7% to 4.1805 per greenback, a level last seen in October. The currency has rallied in recent weeks amid signs the global trade war is easing, boosting sentiment for the export-dependent economy.
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