KUALA LUMPUR, Oct. 13 -- The Malaysian ringgit is expected to continue its recent gains, supported by robust domestic spending and the government's fiscal prudence, Second Finance Minister Datuk Seri Amir Hamzah Azizan said.

The currency could strengthen to "just below" RM4 per US dollar within the next 12 months, Amir Hamzah told Bloomberg Television's Haslinda Amin on Sunday, a level that would mark its strongest closing since 2018 and represent a gain of more than 5 per cent, according to The Edge.

"The ringgit is still resilient because the fundamentals are still strong," said Amir Hamzah, who is also in charge of the economy ministry.

He added that even if the US Federal Reserve slows its pace of easing, "the ringgit still has a l...