Economic
Ringgit strengthens to RM3.89 per US dollar in March 2026
The Malaysian ringgit gained 4.31% to RM3.89 per US dollar by March 1, 2026, reflecting stronger economic fundamentals and investor confidence.
According to Second Finance Minister Amir Hamzah Azizan, the Malaysian ringgit appreciated 4.31% to RM3.89 per US dollar as of March 1, 2026, marking one of its strongest levels in recent years. The gain reflects solid economic performance in 2025, with GDP growth reaching 5.2%, supported by robust domestic investment and spending. The strengthening currency also signals improved market sentiment amid global uncertainties and is seen as a vote of confidence in Malaysia’s stable policies and economic reforms. The government continues to emphasize prudent fiscal management while attracting foreign direct investment to sustain growth momentum.
- Status
- active
- Location
- Kuala Lumpur, Malaysia
- Date added
- 2026-03-25 22:43 UTC
- Added by
- bodgloalxeuropeap
- Last updated
- Source
- The Star
- Source published dsate/time
- Not provided
- Event date/time
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- Connected threats
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