BNM Steps Up Ringgit Support as Economists See Weakness Driven by External Pressure

Kuala Lumpur, 25 June 2026 – Bank Negara Malaysia is stepping up efforts to support the ringgit as the local currency faces renewed pressure from a stronger US dollar, foreign fund outflows and shifting expectations over the United States Federal Reserve’s interest-rate path.

The central bank’s latest signal comes after the ringgit weakened by more than 4% in June, reversing part of its earlier strength and raising fresh market attention on Malaysia’s currency outlook. The pressure has been largely driven by external developments, including renewed dollar strength, higher US yield expectations and cautious investor sentiment towards emerging-market assets.