13 November 2025, 09:16 Malaysia: Ringgit Extends Upward Momentum to 8th Session.
The Malaysian ringgit firmed toward 4.13 per dollar on Thursday, marking its eighth straight session of gains amid strong economic momentum and improving investor sentiment. Malaysia’s economy grew 5.2% yoy in Q3 2025, accelerating from 4.4% in Q2 and posting its fastest growth in a year, according to flash data. Optimism was further lifted by easing US-China trade tensions, as both are Malaysia’s top export destinations, and renewed foreign appetite for local assets. Meanwhile, Bank Negara’s decision to hold rates steady last week signaled confidence in the economy’s resilience despite the impact of U.S. tariffs. Foreign investors have snapped up nearly MYR 16.52 billion in Malaysian bonds year-to-date, Bloomberg News said, supporting the currency’s stability, which is now Asia’s top performer with an 8% gain. Meanwhile, the US dollar index held around 99.5 after President Trump signed a short-term funding bill, officially ending the longest government shutdown in American history.
© 1999-2026 Forex EuroClub
All rights reserved