{
  "id": 12855208,
  "title": "Ringgit eases versus US dollar, ends higher against Asean currencies",
  "url": "https://urgent.news/2026/10/08/ringgit-eases-versus-us-dollar-ends-higher-against-asean-currencies-12855208",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T10:50:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/08/ringgit-eases-versus-us-dollar-ends-higher-against-asean-currencies"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR: The Malaysian ringgit ended higher on Thursday against most Southeast Asian currencies, but saw a decline against the US dollar due to surging oil prices and heightened geopolitical tensions in the Middle East, according to an analyst. By 6 pm, the ringgit slipped to 4.0890/4.0940 against the US dollar, down from Wednesday's closing rate of 4.0850/4.0895. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid attributed the drop to a 4.08% increase in Brent crude prices to $104.29 per barrel, driven by concerns of a prolonged conflict in the Middle East. He noted that fiscal instability in Europe, particularly in France, has also contributed to the strengthening US dollar, as traders seek safety amid uncertainty. The ringgit fluctuated throughout the trading day against a range of currencies. It rose against the British pound to 5.3930/5.3996, strengthened against the euro to 4.5719/4.5775, but fell against the Japanese yen to 2.5834/2.5867. Against other Asean currencies, the ringgit increased against the Singapore dollar to 3.1893/3.1934 and against the Philippine peso to 6.50/6.51, while weakening against the Thai baht to 12.1371/12.1563.",
  "summary": "Elevated Brent crude prices and concerns over fiscal sustainability in Europe have strengthened the US dollar as traders sought safe-haven assets amid uncertainty, says an analyst.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Ringgit eases versus US dollar, ends higher against Asean currencies",
        "url": "https://urgent.news/2026/10/08/ringgit-eases-versus-us-dollar-ends-higher-against-asean-currencies",
        "published": "2026-10-08T10:50:00.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Ringgit slips against US dollar, gains on most Asean currencies",
        "url": "https://urgent.news/2026/10/08/ringgit-slips-against-us-dollar-gains-on-most-asean-currencies",
        "published": "2026-10-08T11:12:01.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Ringgit ends higher against Asean currencies, lower versus US dollar",
        "url": "https://urgent.news/2026/10/08/ringgit-ends-higher-against-asean-currencies-lower-versus-us-dollar",
        "published": "2026-10-08T11:21:23.000Z"
      }
    ]
  },
  "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."
}