Malaysia sovereign fund chief sees ringgit strengthening further


Datuk Amirul Feisal Wan Zahir, managing director of Khazanah Nasional Bhd., during a Bloomberg Television interview ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Monday, Jan. 19, 2026. The annual Davos gathering of political leaders, top executives and celebrities runs from Jan. 19-23. Photographer: Chris J. Ratcliffe/Bloomberg

Malaysia’s sovereign wealth fund Khazanah Nasional Bhd. sees the ringgit strengthening further after its run as Asia’s top-performing currency last year, its managing director Datuk Amirul Feisal Wan Zahir said. 

"I think we will see a bit more strengthening,” Amirul said in an interview with Bloomberg TV’s Haslinda Amin on the sidelines of the World Economic Forum in Davos, Switzerland on Monday. He cited analysts as saying the currency could strengthen to 4 ringgit per US dollar or even below that. 

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