Ringgit hits RM4.16 against US dollar, emerging as Asia's best-performing currency - Anwar

THE ringgit continued to strengthen to RM4.16 against the United States (US) dollar, emerging as the best-performing currency in the Asian region.

Prime Minister Datuk Seri Anwar Ibrahim said the measure was determined by credit rating agencies and not by the government.

"S&P Global Ratings and Moody's Rating maintained the country's credit ratings at A- and A3 respectively, meaning a stable and strong outlook.

"In terms of unemployment rate, in August 2025 it was the lowest in 10 years. The minimum wage rate was also increased by RM1,700 and this was not easy because many companies were against it," he said during the Prime Minister's Question Time (PMQT) session at the Dewan Rakyat today.

He was responding to a question from Aminolhuda Hassan (PH-Sri Gading) on ​​the measurement of the effectiveness of the implementation of the Madani Economic Policy after a period of 18 to 24 months.

Earlier, Anwar, who is also the Finance Minister, slammed the opposition for attacking the government on the previous ringgit issue.

According to the Tambun MP, the opposition had previously claimed that the value of the ringgit had fallen but now that the ringgit has strengthened again, there is no mention of it.

"Now that the ringgit has strengthened, there is no mention of it," he said. - November 11, 2025