RM appreciate against USD to 4.1745 as at 4 June 2019.
Factor that contribute to strengthening of ringgit Malaysia as below:
1. The economy expanded by 4.5% at in the first quarter of March 31, 2019 (Q1 2019), which was slightly above economists' forecast of 4.3%, underpinned by services and manufacturing.
2. Malaysia exports grew by 1.1% year-on-year in April after two consecutive months of declines in February and March.
3. The declining of USD dollar index also cause major currency across Asia appreciate such as Ringgit, Singapore dollar and Taiwan dollar..
4. If the ringgit continue strengthening , sector that will be benefit such as auto, poultry, media, consumer, airline.
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