KUALA LUMPUR, Oct 15 — The ringgit closed higher against the weakening greenback today as investors assessed market conditions ahead of the release of Malaysia’s advance gross domestic product (GDP) estimates for the third quarter of 2026 (3Q 2026) tomorrow.

At 6pm, the ringgit rose to 4.0800/0835 against the greenback from yesterday’s close of 4.0805/0850.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said Malaysia’s GDP for 3Q 2026 is projected to come in at around 5.2 per cent.

“Although moderating from six per cent in the preceding quarter, the economy is expected to remain resilient, supported by sustained domestic demand and investment activities.