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The stronger economic growth could reinforce expectations of a potential normalisation of monetary policy, says analyst.
Malaysia's ringgit strengthened as Q3 GDP growth of 5.3% exceeded expectations, boosting monetary policy outlook.
Summarised automatically by AI from the original article by Free Malaysia Today. AI can make mistakes, so check the original for details.
Also reported by Malay Mail , Malay Mail
KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday, supported by Malaysia’s stronger-than-expected advance GDP estimate for the third quarter of 2026 (Q3 2026) of 5.3%.
At 8am, the ringgit was quoted at 4.0790/4.0855 against the greenback compared with Friday’s close of 4.0795/4.0835.
Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the stronger economic growth in 3Q 2026 could reinforce expectations of a potential normalisation of monetary policy.
6 stories on this topic from 4 sources, oldest first.
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