At 6pm, the local currency climbed to 4.0515/0560 versus the greenback from Wednesday’s close of 4.0580/0620. At 6pm, the local currency climbed to 4.0515/0560 versus the greenback from Wednesday's close of 4.0580/0620. Malacca Securities Sdn Bhd noted that the local currency was further supported by a weaker greenback amid expectations of more US interest rate cuts in 2026. At the close, the ringgit traded higher against a basket of major currencies. It eased versus the Thai baht to 12.8996/9201 from 12.8560/8756, and flat against the Philippine peso at 6.88/6.89 from 6.88/6.90 previously.

Source: New Strait Times January 02, 2026 10:33 UTC