Malaysian ringgit strengthens ahead of upcoming third-quarter GDP release
The ringgit edged higher against the US dollar on Thursday as investors awaited Malaysia's Q3 GDP figures due Friday.
At 6 p.m. local time the currency traded at 4.0800-4.0835 per dollar, up from the previous day's 4.0805-4.0850. The move came amid speculation over the third-quarter growth outlook. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid expects GDP to expand around 5.2% for Q3 2026. Market participants are watching the data for clues on the economy's trajectory.
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