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flag The ringgit dipped slightly on Oct. 13, 2025, due to stronger US dollar, but is expected to strengthen to near RM4/$ by year-end amid economic resilience and reforms.

flag The Malaysian ringgit weakened slightly to 4.2265/4.2295 against the US dollar on October 13, 2025, amid a stronger greenback driven by US-China trade tensions and potential new tariffs. flag Despite this, the currency is projected to strengthen to just below RM4 per dollar by year-end, supported by strong domestic consumption, fiscal discipline, and economic resilience. flag The government's 2026 budget aims to reduce the deficit to 3.5% of GDP without new taxes, relying instead on higher duties on tobacco and alcohol and a carbon tax. flag Economic growth is forecast at 4%–4.5% for 2026, bolstered by civil servant wage hikes, high employment, and support for small businesses. flag Malaysia is also advancing rare earths mining and digital tax reforms to diversify its economy.

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