KUALA LUMPUR: The ringgit ended marginally lower against the US dollar and other major currencies on Monday as traders and investors remained cautious ahead of the United States Federal Reserve (US Fed) interest rate outlook for next year. At 6 pm, the local currency eased to 4.0580/0625 against the greenback from 4.0470/0535 at Friday’s close. "Additionally, the ongoing fiscal consolidation exercise, expected to continue into 2026, could influence assessments by credit rating agencies,” he told Bernama. Therefore, Mohd Afzanizam noted that the RM4.00 level remains a key psychological and technical resistance for the ringgit next year. The ringgit was traded lower against a basket of major currencies at today's closing.

Source: The Star December 29, 2025 21:20 UTC