Something to smile about the ringgit


ALL eyes are back on the ringgit as the currency returns to the headlines, and perhaps for the first time in a long while, it is for a good reason.

The local currency has appreciated approximately 4.5% year–to-date against the US dollar, according to Bloomberg data, but more importantly, it has notably sustained a steady level of strengthening against the greenback, especially when compared to other Asian currencies.

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