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Ringgit Strengthens Against Major and Regional Currencies as Asian FX Sentiment Improves

By Chee Liang CFA on June 29, 2026 8:03 pm |

Business and Finance, Economy and Malaysia News

Kuala Lumpur, 29 June 2026 – The ringgit closed stronger against the US dollar and a basket of major and regional currencies, supported by easing pressure on Asian foreign-exchange markets as investors reassessed the outlook for US interest rates.

At 6pm, the local note appreciated to 4.0860/0910 against the greenback from 4.1160/1200 at the previous close, extending its recent recovery as the US dollar softened and regional currencies gained support.

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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.

Published in Business and Finance, Economy and Malaysia News

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