# Ringgit Rises on Budget 2027 Optimism

> Malaysian ringgit gains against US dollar and major currencies after positive Budget 2027 sentiment.
- Title: Ringgit Rises on Budget 2027 Optimism · Malay Mail | Shortify
- Summary: Malaysian ringgit gains against US dollar and major currencies after positive Budget 2027 sentiment. Malaysian ringgit strengthened to 4.0820/0865 against US…
- Keywords: ringgit, us dollar, budget 2027, malaysia, currency, malay mail, news, world, Rises, Budget, 2027, Optimism
- Source: Malay Mail — https://malaymail.com/news/money/2026/10/12/ringgit-up-against-us-dollar-other-major-currencies-on-positive-budget-2027-sentiment/238863
- Published: 2026-10-12T19:44:49+00:00
- Read time: 1 min
- Topics: ringgit, us dollar, budget 2027, malaysia, currency, malay mail, news, world
## Ringgit strengthens against US dollar
The ringgit closed higher against the US dollar at 4.0820/0865 from Friday's 4.0830/0875.
## Budget 2027 boosts market sentiment
Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam said Budget 2027 showed government commitment to fiscal discipline.
## Ringgit rises against major currencies
The ringgit strengthened against yen, pound, euro, and Indonesian rupiah but stayed stable against Philippine peso.
## Ringgit edges up against Singapore dollar
The ringgit edged up against Singapore dollar to 3.1873/1911 from Friday's 3.1896/1934.
## Ringgit slides against Thai baht
The ringgit slid against Thai baht to 12.1391/1568 from Friday's 12.1735/1909.
## Market reaction to Budget 2027
Investors responded positively to Budget 2027's fiscal discipline focus despite heightened external risks.
## Key takeaway

Malaysian ringgit strengthened to 4.0820/0865 against US dollar following Budget 2027 optimism.