TOKYO -- The Malaysian ringgit climbed to its strongest against the dollar since April 2023 in Tokyo trading on Monday, supported by a solid economy, as weak U.S. economic data spurred selling of the greenback.
Country's strong economy fuels rebound amid greenback sell-off
The Malaysian ringgit had dropped in February to its lowest level against the dollar in data going back to 1971. © Reuters
TOKYO -- The Malaysian ringgit climbed to its strongest against the dollar since April 2023 in Tokyo trading on Monday, supported by a solid economy, as weak U.S. economic data spurred selling of the greenback.