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Malaysian Ringgit Soars Amid AI Confidence and Investment Surge

1/26/2026

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Story summary
  • The Malaysian ringgit traded at 3.9678 per U.S. dollar on January 26, 2026, its strongest in over seven years.
  • The rise reflects confidence in Malaysia's AI supply-chain role, and analysts predict the ringgit may strengthen further.
  • The FTSE Bursa Malaysia KLCI Index rose, supported by robust domestic demand and a booming data center sector.
  • Foreign investment is returning, boosting local assets.