{
  "id": 15532180,
  "title": "Ringgit opens mostly higher as GDP growth beats forecasts",
  "url": "https://urgent.news/2026/10/19/ringgit-opens-mostly-higher-as-gdp-growth-beats-forecasts",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T01:26:10.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/10/1558646/ringgit-opens-mostly-higher-gdp-growth-beats-forecasts"
  },
  "original_language": "en",
  "account": null,
  "summary": "The ringgit opened mostly higher against major currencies on Monday, as Malaysia's advance estimate of third-quarter 2026 GDP growth surpassed expectations at 5.3%. This positive economic news could potentially reinforce expectations of a normalisation of monetary policy, according to Bank Muamalat Malaysia Bhd chief economist Dr. Mohd Afzanizam Abdul Rashid. Concerns over the valuations of AI-related stocks may also prompt traders to seek safe-haven assets, such as US Treasury bonds, which may support the US dollar. The ringgit showed strength against the euro, British pound, Indonesian rupiah, Philippine peso, Singapore dollar, and Thai baht, although it weakened against the Japanese yen.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Ringgit firmer as Malaysia’s Q3 GDP growth beats expectations",
        "url": "https://urgent.news/2026/10/19/ringgit-firmer-as-malaysias-q3-gdp-growth-beats-expectations",
        "published": "2026-10-19T00:36:13.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Ringgit opens mostly higher after Malaysia’s GDP growth beats expectations",
        "url": "https://urgent.news/2026/10/19/ringgit-opens-mostly-higher-after-malaysias-gdp-growth-beats",
        "published": "2026-10-19T01:54:11.000Z"
      }
    ]
  },
  "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."
}