MUFG sees ringgit strengthening to 3.70 by end-2026


KUALA LUMPUR: The ringgit’s appreciation cycle is likely to remain durable, with MUFG Bank projecting the US dollar-ringgit pair to trend towards 3.7000 by end-2026, supported by structural economic strengths and improving capital flows.

In a note, senior currency analyst Lloyd Chan said the constructive outlook is underpinned by Malaysia’s ICT-led investment upcycle, sustained macroeconomic stability, supportive policy settings and more favourable external conditions.

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ringgit , US dollar , MUFG , ICT , macroeconomic , FDI , Bank Negara , yuan

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