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Friday, 6 November 2026
Markets

Ringgit Opens Higher Against US Dollar and Major Currencies as Sentiment Improves

By Chee Liang CFA3 min read

Kuala Lumpur, 22 May 2026 – The ringgit opened higher against the US dollar and most major currencies on Friday, supported by improving sentiment as investors assessed softer global risk signals, easing oil-price pressure and Malaysia’s steady macroeconomic backdrop.

At the opening, the local note strengthened against the greenback, reflecting renewed buying interest after recent cautious trading. The firmer tone came as markets continued to monitor geopolitical developments, US interest-rate expectations and regional currency movements.

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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.