KUALA LUMPUR (Bernama): The ringgit is anticipated to trade within a stable range against the US dollar this week, as external greenback strength is moderated by Malaysia’s improving fiscal outlook following Friday’s Budget 2026 announcement.
IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said that while the greenback remains supported by safe-haven flows and lingering United States political uncertainty, its rally appears to be nearing exhaustion as markets anticipate a potential Federal Reserve (Fed) rate cut by late October.
