Ringgit up against US dollar, other major currencies on positive Budget 2027 sentiment
Photo: Free Malaysia Today
Budget 2027 reflected the government’s commitment to fiscal discipline, prompting a favourable response from investors, says analyst.
From the original report
At 6pm, the ringgit strengthened to 4.0820/4.0865 against the greenback from Friday’s close of 4.0830/4.0875.
Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid said Budget 2027 reflected the government’s commitment to fiscal discipline, prompting a favourable response from investors.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at Free Malaysia Today
Free Malaysia Today
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About this story
- Source
- Free Malaysia Today
- Originally published
- Oct 12, 2026
- Updated here
- Oct 12, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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