Malaysia’s ringgit appreciated about 4.31 per cent to RM3.89 against the US dollar as of March 1, 2026, reflecting stronger economic fundamentals and investor confidence, Finance Minister II Datuk Seri Amir Hamzah Azizan said in the Dewan Negara session.
Malaysia’s ringgit gains on robust growth, reforms and stable policies
The minister highlighted 2025 gross domestic product (GDP) growth of 5.2 per cent, exceeding projections, with services and manufacturing expansion and positive investor sentiment contributing to currency strength.
Lower U.S. interest rates and rising portfolio and foreign direct investment inflows also supported the ringgit’s rise, with policymakers crediting reforms and sustained domestic demand for bolstering economic performance.
Leave a Reply
You must be logged in to post a comment.