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Ringgit continues to improve ahead of Malaysia's 1Q GDP announcement

The Star LogoThe Star6h ago

Ringgit continues to improve ahead of Malaysia's 1Q GDP announcement - The Star

Quick Summary:

KUALA LUMPUR: The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia's first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.

It climbed versus the Singapore dollar to 3.2931/3102 from 3.2950/3010 yesterday and gained against the Philippine peso to 7.66/7.70 from 7.67/7.69 previously.

At the opening, the ringgit traded mostly higher against a basket of major currencies.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 09:41:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28737338

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 41 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 51 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Ringgit continues to improve ahead of Malaysia's 1Q GDP announcement" has 398 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Ringgit continues to improve ahead of Malaysia's 1Q GDP announcement" was covered 6 hours ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 41 news stories per day.

It's most recent story was published 51 minutes ago.

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  • News ID: #28737338
  • URL: https://amm.beamstart.com/news/ringgit-continues-to-improve-ahead-17473600269929

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