{
  "id": 10573666,
  "title": "Ringgit opens slightly higher against US dollar, major currencies amid geopolitical risks",
  "url": "https://urgent.news/2026/09/29/ringgit-opens-slightly-higher-against-us-dollar-major-currencies-amid",
  "topic": "world",
  "section": "World",
  "published": "2026-09-29T01:03:58.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/money/2026/09/29/ringgit-opens-slightly-higher-against-us-dollar-major-currencies-amid-geopolitical-risks/236928"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR, Sept 29 — The Malaysian ringgit opened marginally higher against the US dollar and a group of major currencies on Tuesday, as geopolitical tensions persisted and drove investors towards defensive investments. By 8am, the ringgit had climbed to 4.0800/0865 against the US dollar, up from Monday's closing rate of 4.0805/0845. Bank Muamalat Malaysia Bhd's chief economist, Dr Mohd Afzanizam, highlighted that Brent crude oil prices remained above $106 per barrel due to the ongoing US-Iran conflict, thus maintaining concerns about energy-related inflation. Dr Afzanizam explained that higher US Treasury yields, with the two-year and 10-year yields sitting at 4.9 and 5.2 percent respectively, suggested increased attractiveness of US dollar assets, which could negatively impact emerging-market currencies like the ringgit. The ringgit opened stronger against several major currencies. It traded at 4.6390/6464 against the euro, up from 4.6416/6461 on Monday; 5.4072/4158 against the British pound, versus 5.4099/4152 previously; and 2.5928/5971 against the Japanese yen, from 2.5994/6021. Against other Southeast Asian currencies, the ringgit weakened against the Singapore dollar to 3.1937/1991, down from 3.1914/1948; remained unchanged against the Philippine peso at 6.52/6.54; and was flat against the Indonesian rupiah at 226.9/227.3. However, the local currency showed a slight gain against the Thai baht, moving from 12.1429/1588 to 12.1338/1589.",
  "summary": "KUALA LUMPUR, Sept 29 — The ringgit opened slightly higher against the US dollar and a basket of major currencies...",
  "key_points": [
    "Malaysian ringgit marginally higher against US dollar at 4.0800/0865",
    "Brent crude oil prices above $106 per barrel due to US-Iran conflict",
    "Ringgit stronger against euro (4.6390/6464) and unchanged against Philippine peso (6.52/6.54)"
  ],
  "editors_take": "The ringgit's slight gains against major currencies reflect investors seeking defensive assets amid ongoing geopolitical tensions, but higher US Treasury yields may still undermine emerging-market currencies like the ringgit.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Ringgit opens slightly higher against US dollar, major currencies",
        "url": "https://urgent.news/2026/09/29/ringgit-opens-slightly-higher-against-us-dollar-major-currencies",
        "published": "2026-09-29T00:36:04.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Ringgit opens slightly higher against greenback, major currencies",
        "url": "https://urgent.news/2026/09/29/ringgit-opens-slightly-higher-against-greenback-major-currencies",
        "published": "2026-09-29T01:09:58.000Z"
      }
    ]
  },
  "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."
}