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Ringgit Extends Rally for Third Day as Market Confidence Builds Ahead of US Inflation Data

By Chee Liang CFA4 min read

Kuala Lumpur, 25 June 2026 – The ringgit continued its strong rebound on Thursday, closing higher for the third consecutive day against the US dollar, major currencies and regional peers as improving sentiment towards Malaysia’s economic outlook supported demand for the local note.

At 6pm, the ringgit appreciated to 4.1160/1200 against the US dollar from 4.1355/1400 at Wednesday’s close, extending its recent gains after a period of pressure driven by US interest-rate expectations, foreign outflows and global risk uncertainty.

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Author

  • Chee Liang CFA

    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.