Maybank Investment Bank forecasts ringgit weakening in second half of 2026

KUALA LUMPUR, Jan 16 — The ringgit's recent strength is expected to be short-lived, with Maybank Investment Bank Bhd forecasting the currency will weaken in the second half of financial year 2026 (2H26) due to a stabilising US dollar and shifting global market dynamics.

Maybank Investment Bank made this prediction in a recent analysis, citing external economic factors as key drivers of the anticipated decline.

The bank's report highlights that global market dynamics are shifting, which could impact currency valuations across emerging markets.

A stabilising US dollar is identified as a primary reason for the expected ringgit weakness in the latter part of 2026.

This forecast comes amid recent optimism about the ringgit's performance, which the bank suggests may not be sustained.

Financial analysts note that currency fluctuations are common in response to international economic trends and central bank policies.

The ringgit has experienced volatility in recent years, influenced by factors such as commodity prices and geopolitical events.

Maybank Investment Bank's analysis is based on current economic indicators and projections for the global financial landscape.

Investors and businesses are advised to monitor these developments as they plan for future financial strategies.