{
  "id": 12043039,
  "title": "Ringgit opens higher as weak US jobs data weighs on dollar",
  "url": "https://urgent.news/2026/10/05/ringgit-opens-higher-as-weak-us-jobs-data-weighs-on-dollar",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T00:50:19.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/10/1547779/ringgit-opens-higher-weak-us-jobs-data-weighs-dollar"
  },
  "original_language": "en",
  "account": null,
  "summary": "The ringgit opened higher against the US dollar on Monday, as weaker-than-expected US jobs data weighed on the greenback. The nonfarm payrolls (NFP) report showed that only 29,000 jobs were added in September, significantly lower than the consensus estimate of 90,000. This led to a slight increase in the US unemployment rate to 4.2% in September, up from 4.1% for the previous two months. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid stated that the Fed may decide not to raise interest rates at its upcoming meeting on Oct 27-28. The ringgit traded higher against most major currencies at the opening, including the Japanese yen, euro, and Singapore dollar. However, it weakened against the British pound and remained unchanged against the Philippine peso and Indonesian rupiah.",
  "key_points": [],
  "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."
}