
Ringgit Opens Higher Against US Dollar
Ringgit opens higher at 4.0820/0885 against US dollar, supported by demand despite firm US data and resilient greenback.

Ringgit opens higher at 4.0820/0885 against US dollar, supported by demand despite firm US data and resilient greenback.

Ringgit opened higher on easing oil prices and US-Iran talks optimism, trading firmer against major currencies and most ASEAN peers.

The ringgit strengthened slightly against major currencies due to easing oil prices and geopolitical developments, influencing market sentiment.

Indonesia’s consumer confidence eased for a third consecutive month in July, signaling softer domestic demand despite sentiment remaining firmly in optimistic territory.

Ringgit expected to trade 4.07–4.09 next week, guided by US data releases and Fed outlook, with mixed performance regionally.

Ringgit rises for second day, supported by trade strength, though geopolitical risks and oil prices remain key concerns.

The ringgit recovered against the dollar as the Fed's softened outlook eased pressure on emerging currencies.

The ringgit recovered against the dollar as the Fed's softened outlook eased pressure on emerging currencies.

Malaysia's reserves rose to US$132.6 billion, indicating economic resilience amid global uncertainties and enhancing investor confidence.

The Malaysian ringgit shows mixed performance against regional currencies due to stronger US dollar and economic uncertainty.

The Malaysian ringgit strengthened against the US dollar due to improved sentiment, but remains vulnerable to external factors influencing volatility.

The Malaysian ringgit strengthened against the US dollar due to high global oil prices influenced by geopolitical tensions in West Asia.

MUFG projects ringgit to strengthen to 3.7000 by end-2026, citing ICT-led investment inflows, macro stability and investor confidence.

Bitget confirms full asset backing in its January 2026 Proof of Reserves, highlighting transparency amid market volatility with impressive reserve ratios.

Dollar dominance faces challenges from rising debt, geopolitical tensions, and alternative currencies like the euro and renminbi, raising questions about global financial stability.

Ringgit hits highest since 2018 at RM3.99, driven by stable OPR and weak USD; boosts FBM KLCI with investor inflows.