Ringgit

Ringgit’s rebound tests Malaysian exporters as Singdollar remains resilient

Businesses say the strengthening ringgit is starting to squeeze exporters’ margins, though SME importers get cost relief

The ringgit, the top performing currency across Asia in the past 12 months, will stay resilient as the economy remains strong, Malaysia's second finance minister Amir Hamzah Azizan said.

Malaysia to hold off on growth upgrade on Middle East risks

Its central bank warned that “downside risks have risen”

The ringgit has strengthened to record highs against the US dollar and Singdollar in recent months.

Singdollar appreciated at average rate of 1.3% against ringgit over 2020 to 2025: Alvin Tan

Measures to support local businesses, given the impending RTS Link, will be announced later

The increasing flow of foreign money illustrates a comeback for Malaysia after years of relative underperformance compared to its peers.

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The ringgit's rally is being driven by a range of structural factors beyond the dollar’s broad weakness, such as rising investment flows and the country’s growth momentum.

Malaysia sees further upside for ringgit, 2026 growth forecast

The ringgit has risen 3% this year after gaining around 10% in 2025

The Singdollar remains a bastion of stability, but the currencies around it are on the move.

How strong is the Singdollar? These charts show how it is performing against regional currencies

These seven charts track the Singapore dollar against key currencies over the last six months

The central bank says while it will continue to ensure “orderly conditions” in the foreign exchange market, “the ringgit is market-determined.”

Malaysian Central Bank rejects using ringgit to help exports

It says strong growth and ongoing reforms provide support for the ringgit

Strengthening economic fundamentals are proving to be more durable tailwinds for the currency, which has climbed to its strongest level since 2018.

Ringgit owes its surge to forces well beyond US dollar’s weakness

The currency has already climbed more than 3% in January

The ringgit has surged more than 3% in January.

Ringgit rises to 2018 high buoyed by Trump

Central bank says economic fundamentals and government reforms will provide long-term support to ringgit

The US dollar's weakness follows reports that the New York Federal Reserve conducted so-called "rate checks" with traders on Friday.

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