Ringgit

Singdollar, ringgit climb to multi-year highs; more volatility expected amid yen intervention fears

Singdollar strengthens to 1.2677 against the greenback; ringgit is below the psychological ‘4’ mark at 3.9630

The ringgit is Asia’s top-performing currency so far in January, following two years of outperformance in the region.

Malaysian ringgit hits highest since 2018 on AI, growth optimism

Malaysia’s growth momentum is expected to continue this year

While some central banks retain a dovish bias, room for easing is increasingly constrained by currency pressures and inflation risks.

AI boosts emerging Asian currencies, but policy and fiscal worries keep markets cautious: BNP Paribas

The ringgit stands out on strong data centre inflows, solid domestic demand and macro stability

For glove makers in particular, a firmer exchange rate erodes company earnings when converted back to ringgit.

Malaysia’s strong ringgit squeezes export reliant glove makers

Strategists say the currency is poised to extend gains in 2026

Khazanah Nasional managing director Amirul Feisal Wan Zahir says surging AI computing needs are reshaping what is “investable” in the AI boom, with energy supply and grid resilience being central to competitiveness.

Malaysia’s Khazanah to steer more capital to power grids and chip firms, its chief says in Davos

[DAVOS] Malaysia’s sovereign wealth fund Khazanah Nasional plans to channel more capital into strengthening the power system and supporting local semiconductor firms as artificial intelligence (AI) dr...

The ringgit has strengthened more than 9% against the US dollar this year, making it Asia’s best-performing currency.

Ringgit’s outperformance set to extend next year on AI boost

A likely stable central bank policy next year offers further support

The ringgit was at 3.1702 against the Singdollar on Friday (Dec 12), and broached 4.0928 against the greenback.

Ringgit hits three-year high against Singdollar, four-year high versus greenback

It is Asia’s best-performing currency this year as Malaysia’s robust macro fundamentals drive optimism for unit

Bullish Aim, owned by Tunku Ismail Sultan Ibrahim, unveiled a stablecoin called RMJDT pegged to the Malaysian ringgit.

Malaysian royal launches ringgit-backed stablecoin for payments

RMJDT will be issued on Zetrix, a blockchain developed by Malaysian company Zetrix AI

For foreign investors without currency hedges, a stronger ringgit boosts returns on Malaysian bonds.

Ringgit rally, fiscal strength fuel Malaysia’s bond momentum

For 2026, the government has set a deficit target of 3.5%