KUALA LUMPUR: The ringgit traded higher against the US dollar on Monday after Malaysia’s December Industrial Production Index (IPI) came in above market expectations, signalling that the domestic economy remains on a firm footing. At 6 pm, the ringgit increased by 0.33 per cent to 3.9325/9375 against the greenback compared with last Friday’s close of 3.9440/9525. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said emerging-market currencies are mostly stronger against the US dollar today. At the close, the ringgit traded mostly higher against a basket of major currencies. However, the ringgit edged down vis-à-vis the Singapore dollar to 3.0979/10.21 from 3.0965/1034, fell versus the Indonesian rupiah to 234.0/234.4 from 233.6/234.3 and declined versus the Thai baht to 12.5876/6101 from 12.4609/4933.

Source: The Star February 09, 2026 17:16 UTC