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Ringgit ends higher

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KUALA LUMPUR: The ringgit ended higher against the US dollar as investors reacted positively to the third-quarter gross domestic product (GDP) print, which came within market expectations. At 6 pm, the ringgit was better at 4.1515/1545 against the greenback from Thursday’s close of 4.1560/1590. 

FXTM market analyst Han Tan said the local unit remains Asia’s best performer this month. Overall, the ringgit traded within the 4.14-4.16 range this week, as the resurgent US dollar forced most Asian currencies to give up gains from the previous week. – Bernama