Ringgit remains stable

Ringgit remains stable

The Star Online - Business·2026-04-06 08:00

PETALING JAYA: Solid fundamentals and a resilient domestic economy should continue to prep up the ringgit’s strength, despite mixed signals still emanating from the Middle East conflict, say economists.

However, they acknowledge that, if the newsflow is to be believed that President Donald Trump is moving to “wind down” operations in Iran and multiple countries had begun discussions to reopen the Straits of Hormuz, then this would be a welcome catalysts for the further appreciation of the local note, especially against the US dollar.

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