Finance Ministry: Ringgit top performer among 10 regional currencies as of mid-May

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Ringgit News

Forex

KUALA LUMPUR, May 26 — The ringgit has recorded the best performance against the US dollar as of mid-May 2024 among 10 regional currencies following the Madani Government’s...

Ampang Jaya police chief: Investigation paper on primary pupil being made to stand under hot sun referred to DPP’s officeThe ringgit has recorded the best performance against the US dollar as of mid-May 2024 among 10 regional currencies following the Madani Government’s integrated action to promote inflows into the foreign exchange market over the past three months.

South Korean won, Taiwanese dollar, Indonesian rupiah, Philippine peso and Japanese yen fell between 1.9 to 3.4 per cent over the same period, the ministry said in a post on X today. Other efforts included monitoring export and import proceeds conversions as well as strengthening the domestic economy and continuing promised fiscal reforms.

 

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