KUALA LUMPUR (Jan 28): The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it one of Asia’s best-performing currencies, said World Bank lead economist for Malaysia Apurva Sanghi. At 4.15pm on Wednesday, the ringgit was traded at 3.9135 against the US dollar. He said Malaysia’s economy is performing well, underpinned by solid economic growth, low inflation, and rising real wages. “A strong ringgit is helping to bring down prices of imported food items such as onions, cabbage and rice,” he said in a post on social media platform X on Wednesday. Apurva further said that early AI-era roles are already emerging, including AI trainers, data curators, and prompt engineers, while “human-touch” jobs such as elder care could see strong, rising returns.

Source: The Edge Markets January 28, 2026 09:40 UTC