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Malaysian Ringgit Hits Highest Since 2018 on AI, Growth Optimism
The ringgit climbed 0.8% to 3.9750 per dollar, driven by AI sector growth, foreign investment returning, and stable central bank policy, making it Asia’s top currency in January.
Summary by The Straits Times
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Malaysian ringgit, stocks hit highest since 2018 on AI, growth
THE Malaysian ringgit rose to the strongest level in more than seven years, buoyed by optimism over the country's ties to the artificial intelligence supply chain and the nation's growth outlook. The benchmark equity index also advanced.
·Malaysia
Read Full ArticleAnwar hails ringgit’s climb as Malaysian currency’s rally continues
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Coverage Details
Total News Sources7
Leaning Left1Leaning Right3Center0Last UpdatedBias Distribution75% Right
Bias Distribution
- 75% of the sources lean Right
75% Right
L 25%
R 75%
Factuality
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