Kuala lumpur: The ringgit is expected to remain positive in 2026, driven by strong domestic fundamentals and ongoing reform measures, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour. He stated that the local currency will remain market-determined, reflecting global developments, as BNM stays committed to ensuring orderly market conditions.

According to BERNAMA News Agency, Abdul Rasheed highlighted that Malaysia's strong current account surplus will continue to support the ringgit throughout the year. He emphasized that the commitment towards reform measures will provide more enduring support for the currency. Despite the current West Asia conflict impacting the ringgit's movements, he noted that these effects are largely sentiment-driven and that the currency's underlying strength has been built over time.

He further explained that investors will eventually recognize the ongoing positive developments, which have already led to healthy capital inflows into the economy, particularly in the financial market. This reflects the resilience of the ringgit, which has been bolstered by strong fundamentals over the past two to three years.

Meanwhile, Deputy Governor Adnan Zaylani Mohamad Zahid added that the ringgit's trajectory remains resilient. He pointed out that the robustness of the foreign exchange market is evident in its high volume and liquidity, allowing businesses and corporates to conduct transactions without issues. Adnan also mentioned BNM's commitment to continued engagements and initiatives, such as repatriating income and encouraging multinational companies to use the ringgit as an operating currency.