At 6pm, the local note appreciated to 4.1355/4.1400 against the greenback from 4.1380/4.1430 yesterday.At 6pm, the local note appreciated to 4.1355/4.1400 against the greenback from 4.1380/4.1430 yesterday.
Ringgit extends gains on strong Malaysian economic data
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KUALA LUMPUR: The ringgit extended its gains to close higher against the US dollar and other major currencies, as well as Asean peers, on Wednesday, supported by stronger-than-expected economic data in Malaysia, which boosted investor confidence and market sentiment.
At 6pm, the local note appreciated to 4.1355/4.1400 against the greenback from 4.1380/4.1430 at yesterday’s close.
According to the statistics department (DOSM), Malaysia’s foreign direct investment (FDI) rose 41.2% to RM65.9 billion in 2025 from RM46.7 billion in 2024, driven mainly by equity injections from foreign investors and inflows into debt instruments.
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