{
  "id": 11171243,
  "title": "Ringgit slips against US dollar but gains against major currencies",
  "url": "https://urgent.news/2026/10/01/ringgit-slips-against-us-dollar-but-gains-against-major-currencies",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T10:39:22.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/money/2026/10/01/ringgit-slips-against-us-dollar-but-gains-against-major-currencies/237296"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR, Oct 1 — The Malaysian ringgit experienced mixed movements against major currencies and the US dollar on Thursday. By 6pm, it slipped to 4.0830/4.0875 against the US dollar, down from Wednesday's closing rate of 4.0785/4.0820. Analyst Dr Mohd Afzanizam Abdul Rashid from Bank Muamalat Malaysia Bhd explained that the ringgit remained within a narrow range of RM4.0820-RM4.0875 against the US dollar. He cited the recent personal consumption expenditures (PCE) inflation data, which fell short of market expectations, leading to a drop in the odds of a US rate hike to below 50% from over 70%. Despite this, the US dollar remained robust, with the US dollar Index climbing 0.30% to 101.759 points, according to Dr Rashid. The ringgit fared better against other currencies, appreciating against the euro, British pound, and Japanese yen, while it also strengthened against the Singapore dollar, Thai baht, and Philippine peso. However, it remained relatively stable against the Indonesian rupiah.",
  "summary": "KUALA LUMPUR, Oct 1 — The ringgit ended higher against a basket of major currencies but slid against the US dollar...",
  "key_points": [
    "Malaysian ringgit slipped 0.15% to 4.0830/4.0875 against US dollar",
    "PCE inflation data below market expectations lowered US rate hike odds",
    "Ringgit appreciated against euro, pound, yen, Singapore dollar, baht, peso"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Ringgit ends higher against major currencies, easier vs greenback",
        "url": "https://urgent.news/2026/10/01/ringgit-ends-higher-against-major-currencies-easier-vs-greenback",
        "published": "2026-10-01T10:32:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Ringgit ends higher against major currencies, easier vs greenback",
        "url": "https://urgent.news/2026/10/01/ringgit-ends-higher-against-major-currencies-easier-vs-greenback-11176501",
        "published": "2026-10-01T11:03:21.000Z"
      }
    ]
  },
  "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."
}