Kuala Lumpur, 29 July 2026 – The ringgit opened higher against the US dollar as improved local sentiment supported Malaysia’s currency ahead of a closely watched Federal Reserve policy signal. The move places domestic confidence, central-bank credibility and global dollar direction at the centre of the near-term outlook.
Currency openings can reflect overnight changes in US yields, commodity prices and investor risk appetite, but their durability depends on broader flows. Export receipts, portfolio investment, corporate demand for dollars and expectations for Malaysian interest rates all influence whether an early gain extends through the session.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
