Ringgit opens higher on pragmatic fuel subsidy approach

2026-03-27 - 01:01

KUALA LUMPUR: The ringgit opened higher for the fourth consecutive day as the Malaysian government adopts a pragmatic approach to fuel subsidies by balancing between fiscal discipline and cost-of-living concerns amid West Asia tensions. At 8am, the local currency strengthened to 3.9855/4.0050 against the greenback from Thursday’s close of 3.9920/3.9955. MORE TO COME