Ringgit rises against US dollar ahead of Negeri Sembilan poll
KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday, supported by positive domestic sentiment ahead of the Negeri Sembilan state election,…
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Summary
KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday, supported by positive domestic sentiment ahead of the Negeri Sembilan state election, an analyst said. Early voting will take place on Tuesday (July 28), with polling scheduled for Aug 1, 2026. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said market participants would be watching whether the Negeri Sembilan state election influences national politics.
Furthermore, Market watchers, including Bank Muamalat's chief economist, noted that while local factors are supportive, external influences, such as oil prices and potential US rate hikes, continue to dominate market sentiment. The ringgit traded mostly higher against a basket of major currencies at the opening, but weakened against the British pound.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday, supported by positive domestic sentiment ahead of the Negeri Sembilan state election, an analyst said.
reliability moderate3/3 sourcesEarly voting will take place on Tuesday (July 28), with polling scheduled for Aug 1, 2026.
reliability moderate2/2 sourcesBank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said market participants would be watching whether the Negeri Sembilan state election influences national politics.
reliability moderate2/2 sources
Reported detailssecondary facts, each attributed to its source
Market watchers, including Bank Muamalat's chief economist, noted that while local factors are supportive, external influences, such as oil prices and potential US rate hikes, continue to dominate market sentiment.
according to Malay MailThe ringgit traded mostly higher against a basket of major currencies at the opening, but weakened against the British pound.
according to Malay Mail
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