The ringgit closed higher against the US dollar, following the stronger-than-expected gross domestic product announcement last Friday, an economist said.

At 6pm, the ringgit rose to 3.8945/9055 versus the greenback from Friday’s close of 3.9060/9115.

Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid said the current official GDP forecast of 4.0-4.5 percent for 2026 is likely to be...