{
  "id": 10107552,
  "title": "Ringgit expected to trade range-bound next week ahead of key US data",
  "url": "https://urgent.news/2026/09/27/ringgit-expected-to-trade-range-bound-next-week-ahead-of-key-us-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-27T01:23:01.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/09/1541942/ringgit-expected-trade-range-bound-next-week-ahead-key-us-data"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR — The Malaysian ringgit is anticipated to trade within a tight range against the US dollar over the upcoming week, as investors eagerly await critical US economic data for additional insight into potential interest rate changes. Dr Mohd Afzanizam Abdul Rashid, chief economist at Bank Muamalat Malaysia Bhd, highlighted that the US labor market, specifically the nonfarm payrolls report scheduled for October 2, will be the primary focus. The economist projected the ringgit would fluctuate between approximately RM4.07 and RM4.10 against the greenback during the next week. He also mentioned that the upcoming Personal Consumption Expenditures inflation report, due on September 30, with an expected inflation rate of 3.7 percent (unchanged from August), would garner attention. Domestically, focus will increasingly shift towards the Budget 2027, set to be presented on October 9. Additionally, domestic political developments, such as the Melaka state election, could impact how foreign investors perceive the Malaysian market. On a weekly basis, the ringgit experienced an increase against the US dollar, moving from 4.0795/0840 to 4.0715/0765. It also appreciated against various major currencies, including the British pound, Japanese yen, euro, Singapore dollar, Thai baht, and Indonesian rupiah, while experiencing a slight dip against the Philippine peso.",
  "summary": "KUALA LUMPUR: The ringgit is expected to trade within a narrow range against the US dollar next week as investors await key United States economic data for further clues on the direction of interest rates.",
  "key_points": [
    "Malaysian ringgit to trade range-bound against US dollar next week",
    "US labor market nonfarm payrolls report on October 2 key focus",
    "Personal Consumption Expenditures inflation report on September 30 significant"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}