The Malaysian ringgit finished mostly higher against its ASEAN peers but weakened against the US dollar on Feb 27, 2026, as traders remained cautious amid global geopolitical tensions and uncertainty over US trade policy following a key US Supreme Court ruling.
Ringgit closes firmer against ASEAN currencies, weakens versus US dollar amid risk sentiment
At 6 pm, the ringgit was quoted at 3.8910/8960 against the US dollar, weakening from the previous session as external market forces dampened risk appetite. However, the ringgit saw gains against the Singapore dollar, Indonesian rupiah and Thai baht.
Market watchers noted that ongoing uncertainty over global trade and diplomatic developments continued to weigh on emerging market currencies, while local macro data and central bank policy expectations kept traders cautious.
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