Ringgit expected to strengthen to RM3.95 by end-2026 - Kenanga IB
Kenanga Investment Bank forecasts the ringgit to strengthen to RM3.95 against the US dollar by the end of 2026. The bank expects the US Federal Reserve to hold rates in September, with the first cut only in Q2 2027, and projects Bank Negara Malaysia to maintain the OPR at 2.75% throughout 2026.