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Ringgit opens higher ahead of expected OPR hike

KUALA LUMPUR: The ringgit opened higher against the US dollar and major currencies on Thursday ahead of Bank Negara Malaysia's (BNM) Overnight Policy Rate (OPR) decision, with expectations of an interest rate hike lending support to the local currency.

The Star MalaysiaThe Star查看原文 ↗
令吉开盘走高,市场预期隔夜政策利率将上调。

KUALA LUMPUR: The ringgit opened higher against the US dollar and major currencies on Thursday ahead of Bank Negara Malaysia’s (BNM) Overnight Policy Rate (OPR) decision, with expectations of an interest rate hike lending support to the local currency.

BNM’s Monetary Policy Committee (MPC) is scheduled to hold its sixth and final policy meeting of 2026 today.

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