{
  "id": 15602189,
  "title": "Ringgit closes higher against major currencies on strong economic data",
  "url": "https://urgent.news/2026/10/19/ringgit-closes-higher-against-major-currencies-on-strong-economic-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T12:15:47.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/10/1559174/ringgit-closes-higher-against-major-currencies-strong-economic"
  },
  "original_language": "en",
  "account": null,
  "summary": "The ringgit closed higher against a basket of major currencies on Monday, supported by Malaysia's latest economic data, although it slipped versus the US dollar. Inflation eased to 1.8% in September 2026, while total trade surged 53.7% to RM396.5 billion. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the ringgit remained resilient despite external challenges, including the potential downgrading of Indonesia's stock market. The US dollar/ringgit hovered within a narrow range of RM4.0788 to RM4.0828. The ringgit also performed well against other currencies, including the Japanese yen, euro, British pound, Indonesian rupiah, Philippine peso, Singapore dollar, and Thai baht.",
  "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."
}