Ringgit gains against US dollar as Budget 2027 underscores fiscal discipline

The ringgit strengthened against the US dollar, closing at 4.0830/0875, supported by the government's fiscal consolidation commitment under Budget 2027.

Malaysia's fiscal deficit is expected to narrow to 3.3% of GDP in 2027, boosting trader and investor confidence.

The ringgit showed mixed performance against major currencies, rising against the yen, but weakening against the pound, euro, and several ASEAN currencies.

KUALA LUMPUR, Oct 9 — The ringgit closed higher against the US dollar today, supported by the government’s commitment to fiscal consolidation under Budget 2027, an analyst said.

At 6pm, the ringgit climbed to 4.0830/0875 against the greenback from yesterday’s close of 4.0890/0940.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said Malaysia’s fiscal deficit is expected to narrow to 3.3 per cent of gross domestic product (GDP) next year from an estimated 3.6 per cent in 2026. “The expected narrowing of the fiscal deficit suggests that the government remains committed to fiscal discipline, which can effectively help bolster confidence among traders and investors towards the ringgit,” he told Bernama today.

At the close, the ringgit traded mixed against a basket of major and ASEAN currencies.

The local note rose against the Japanese yen to 2.5791/5821 from 2.5834/5867 at yesterday’s close, but dipped against the British pound to 5.4063/4123 from 5.3930/3996 and eased against the euro to 4.5807/5858 from 4.5719/5775 previously.

Against its Asean peers, the local note climbed against the Indonesian rupiah to 228.1/228.4 from 228.2/228.6, but remained unchanged against the Philippine peso at 6.50/6.51.

It edged down against the Singapore dollar to 3.1896/1934 from 3.1893/1934 at Thursday’s close, and slid against the Thai baht to 12.1735/1909 from 12.1371/1563 previously. — Bernama

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受政府在 2027 年预算案中作出的财政整顿承诺的支撑，令吉兑美元走强，收于 4.0830/0875。

预计到 2027 年，马来西亚的财政赤字将收窄至 GDP 的 3.3%，这将提振贸易商和投资者的信心。

令吉兑主要货币表现不一，兑日元走强，但兑英镑、欧元和几种东盟货币走弱。

吉隆坡，10月9日讯——一位分析师表示，受政府在2027年财政预算案中承诺进行财政整顿的支撑，令吉兑美元汇率今日收高。

下午 6 点，令吉兑美元汇率从昨天的收盘价 4.0890/0940 上涨至 4.0830/0875。

马来西亚伊斯兰银行（Bank Muamalat Malaysia Bhd）首席经济学家莫哈末·阿夫扎尼扎姆·阿卜杜勒·拉希德博士表示，马来西亚的财政赤字预计将从2026年预计的3.6%收窄至明年国内生产总值（GDP）的3.3%。他今天告诉马新社：“财政赤字的预期收窄表明政府仍然致力于财政纪律，这可以有效地帮助提振贸易商和投资者对令吉的信心。”

收盘时，令吉兑一篮子主要货币和东盟货币走势分化。

本币兑日元汇率从昨日收盘时的 2.5834/5867 升至 2.5791/5821，但兑英镑汇率从 5.3930/3996 跌至 5.4063/4123，兑欧元汇率从之前的 4.5719/5775 跌至 4.5807/5858。

与东盟其他货币相比，当地货币兑印尼盾汇率从 228.2/228.6 升至 228.1/228.4，但兑菲律宾比索汇率保持不变，为 6.50/6.51。

马币兑新加坡元小幅下跌，从周四收盘时的3.1893/1934跌至3.1896/1934；兑泰铢也从之前的12.1371/1563跌至12.1735/1909。——马新社

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