PETALING JAYA: Economists and foreign exchange (forex) watchers continue to be bullish on the prospects of the ringgit heading into 2026, as the local note strengthened to RM4.11 against the US dollar yesterday, its strongest level in more than 14 months vis-a-vis the American currency.
The ringgit briefly touched RM4.09 versus the greenback on Sept 30 last year, before weakening to hover around the RM4.50 mark in the fourth quarter of financial year 2024 (4Q24), although 2025 has witnessed a positive comeback by the Malaysian note, not only against the dollar but also compared to other regional and major currencies.
