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Ringgit Snaps Seven-Day Rally as Traders Turn Cautious Ahead of 1Q GDP Data

Kuala Lumpur, 15 May 2026 – The ringgit eased against the US dollar on Friday, snapping a seven-trading-day rally as currency traders turned cautious ahead of Malaysia’s first-quarter 2026 gross domestic product data.

At 8am, the local note opened lower at 3.9320/9370 against the greenback, compared with Thursday’s close of 3.9300/9330. The pullback came after several sessions of strength, reflecting a pause in market momentum as investors waited for clearer confirmation of Malaysia’s economic performance.

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Author

  • Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.

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