Ringgit opens flat vs US$, firmer against other majors - News Summed Up

Ringgit opens flat vs US$, firmer against other majors


KUALA LUMPUR: The ringgit opened firmer against a basket of major currencies but was flat against the US dollar on Wednesday, supported by resilient domestic economic data amid heightened geopolitical tensions and mixed global signals. At 8 am, the local currency stood unchanged at 3.9200/9355 against the greenback from Tuesday’s close of 3.9200/9260. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid told Bernama that historical economic data confirm that economic activities have been resilient. ALSO READ: Ringgit opens lower as risk sentiment boosts US$He added that the situation in West Asia continues to hog the limelight. At the open, the ringgit rose against the Japanese yen to 2.4796/4896 from 2.4859/4899 at Tuesday's close, climbed against the British pound to 5.2606/2814 from 5.2744/2824 and was firmer against the euro at 4.5519/5699 from 4.5668/5738.


Source: The Star March 11, 2026 15:00 UTC



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