{
  "id": 14333133,
  "title": "Ringgit opens marginally higher against US dollar on weaker DXY",
  "url": "https://urgent.news/2026/10/14/ringgit-opens-marginally-higher-against-us-dollar-on-weaker-dxy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T00:52:07.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/10/1554945/ringgit-opens-marginally-higher-against-us-dollar-weaker-dxy"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR: The Malaysian ringgit opened slightly higher against the US dollar on Wednesday, aided by a weaker US Dollar Index (DXY) and a potential less aggressive monetary policy stance from the Federal Reserve. At 8am, the ringgit climbed to 4.0830/0880 against the greenback, up from Tuesday's close of 4.0835/0880. Dr Mohd Afzanizam Abdul Rashid, Bank Muamalat Malaysia Bhd chief economist, pointed out that the DXY fell 0.40 per cent to 102.810 points after Federal Reserve Bank of New York President John Williams hinted that the Fed Funds Rate might not rise in 2027, as inflation is expected to gradually decrease towards the 2 per cent target. He informed Bernama that US inflation figures, such as the Consumer Price Index (CPI) projected to reach 3.6 per cent in September, could be favorable for the ringgit. However, the market sentiment remains cautious. The ringgit-US dollar pair is likely to maintain a narrow trading range of RM4.07 to RM4.09 throughout the day. Apart from the US dollar, the ringgit showed mixed performances against other major currencies - it was stronger against the Japanese yen, weaker against the British pound and euro, and unchanged against the Indonesian rupiah and Philippine peso.",
  "summary": "KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on Wednesday, supported by a weaker US Dollar Index (DXY) as investors reassessed the outlook for US interest rates following signals that the Federal Reserve may adopt a less aggressive monetary policy stance.",
  "key_points": [
    "Malaysian ringgit marginally higher vs US dollar",
    "US Dollar Index falls 0.40% to 102.810 points",
    "Fed Funds Rate may not rise in 2027"
  ],
  "editors_take": "A potential shift toward less aggressive Federal Reserve monetary policy provides the Malaysian ringgit with necessary breathing room against a softening US dollar index.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Ringgit opens marginally higher on weaker US dollar index",
        "url": "https://urgent.news/2026/10/14/ringgit-opens-marginally-higher-on-weaker-us-dollar-index",
        "published": "2026-10-14T00:36:00.000Z"
      }
    ]
  },
  "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."
}