Ringgit opens firmer on stronger investor sentiment, FDI surge
KUALA LUMPUR: The ringgit extended its upward momentum to open higher against the US dollar today, buoyed by improved investor sentiment after data showed Malaysia’s foreign direct investment (FDI) surged 41.2% to RM65.9 billion in 2025.
At 8am, the local currency strengthened to 4.1340/4.1400 against the greenback from 4.1355/4.1400 at yesterday’s close.
The Department of Statistics Malaysia (DOSM) reported yesterday that Malaysia’s FDI increased to RM65.9 billion in 2025 from RM46.7 billion in 2024, driven mainly by equity injections from foreign investors and inflows into debt instruments.
DOSM said Malaysia’s cumulative FDI position rose to RM1.09 trillion at end-2025, equivalent to 53.7% of gross domestic product, up from 51.4% in 2024, reflecting sustained confidence among foreign investors in the country’s economic prospects.
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