Ringgit extends gains against greenback, major currencies, eyes GDP estimate

Ringgit extends gains against greenback, major currencies, eyes GDP estimate

The Star Online - Business·2026-04-17 11:00

KUALA LUMPUR: The ringgit extended its gains against the US dollar and other major currencies on Friday, supported by firm domestic sentiment, as markets await Malaysia’s advance estimate of first-quarter 2026 (1Q 2026) gross domestic product (GDP) at noon, which could further underpin the local currency.

At 8 am, the local currency strengthened to 3.9505/9565 against the greenback from 3.9520/9560 at Thursday’s close.

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