Bank Negara remains optimistic on ringgit's outlook, supported by strong economy

KUALA LUMPUR: Bank Negara Malaysia (BNM) remains optimistic about the trajectory of the ringgit, underpinned by Malaysia’s strong economic fundamentals and structural reforms.

The central bank’s Governor Datuk Seri Abdul Rasheed Ghaffour said that the ringgit has strengthened against the US dollar by 5.8 per cent year-to-date amid a challenging global economic environment.