KUALA LUMPUR 7 April 2026 (The Capital Post) – The ringgit opened largely unchanged against the US dollar on Tuesday, while showing stronger performance against a basket of major global currencies amid cautious market sentiment.
At the start of trading, the local currency hovered at similar levels against the greenback compared with the previous close, reflecting a wait-and-see approach among investors as they assess global economic developments and geopolitical risks.
Despite the muted movement against the US dollar, the ringgit recorded gains against other key currencies, supported by improving domestic economic fundamentals and continued confidence in Malaysia’s financial outlook.
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Market analysts noted that global factors, including fluctuations in the US dollar and ongoing geopolitical tensions, continue to influence foreign exchange markets. However, Malaysia’s status as a net energy exporter and resilient economic conditions have helped stabilise the ringgit in recent months.
The currency is expected to remain within a narrow range in the near term as traders monitor external developments, including interest rate expectations in the United States and broader global market trends. -The Capital Post
