Ringgit rises against US dollar on fiscal optimism ahead of Budget 2026


KUALA LUMPUR: The ringgit opened higher against the US dollar, supported by renewed buying interest amid optimism that the Malaysian government will maintain fiscal discipline and gradually reduce the fiscal deficit as a percentage of gross domestic product in Budget 2026.

At 8 am, the local note increased to 4.2100/2205 versus the greenback compared with yesterday’s close of 4.2135/2180.

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