Ringgit trades at RM2.72 to Australian dollar, outpacing regional peers
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Ringgit trades at RM2.72 to Australian dollar, outpacing regional peers
The ringgit has surged, now trading at RM2.72 to the Aussie dollar, a sharp contrast to RM3.25 against the Singapore dollar. Experts say this jump is more about ringgit strength than Aussie weakness, driven by regional optimism and local corporate hedging. Stephen Innes from SPI says the rally reflects a mix of market flows, softer US dollar ...
4.8K views7 months ago
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