Kuala Lumpur, 6 May 2026 – The ringgit continued its upward momentum on Wednesday, closing mostly higher against major and regional currencies as investors positioned ahead of Bank Negara Malaysia’s Overnight Policy Rate decision.
Market sentiment improved as investors assessed Malaysia’s steady growth outlook, moderate inflation and expectations that the central bank will maintain its policy rate at 2.75%. The Monetary Policy Committee is scheduled to announce its decision on 7 May 2026, with economists largely expecting no change to the current rate setting.
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