Malaysia's ringgit reached a one-month high, rising 0.6% to 4.7185 per US dollar, its strongest level since Feb 2.

Policymakers aimed to lift the currency from a 26-year low. Efforts include urging state-linked firms to repatriate foreign investment income, converting it consistently to ringgit.

Bank Negara Malaysia plans to enhance engagements with corporates and investors to encourage conversions and boost ringgit sentiment.

The central bank is ready to sell US dollars from reserves to prevent excessive ringgit fluctuations.