{
  "id": 16543056,
  "title": "Ringgit higher against US dollar in early trade",
  "url": "https://urgent.news/2026/10/26/ringgit-higher-against-us-dollar-in-early-trade-16543056",
  "topic": "world",
  "section": "World",
  "published": "2026-10-26T00:26:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/26/ringgit-higher-against-us-dollar-in-early-trade-10"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR: The Malaysian ringgit experienced a slight increase against the US dollar during early trading on Monday, as investors maintained a cautious outlook ahead of the US Federal Reserve's Federal Open Market Committee (FOMC) meeting scheduled for October 27-28. At 8:02 am, the ringgit climbed to 4.0815/4.0870 against the US dollar, up from Friday's closing rate of 4.0835/4.0875. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid attributed the movement to the US Dollar Index (DXY) rising by 0.2%, with US Treasury yields also showing an uptick. He cautioned that market sentiment would remain cautious due to elevated Brent crude oil prices at US$116 per barrel and the ongoing conflict in the Middle East, which could impact global crude oil supplies. The ringgit exhibited a mostly bullish trend against a range of major currencies at the start of the trading session. It slipped against the euro to 4.5790/4.5852, from 4.5735/4.5780, but rose versus the Japanese yen to 2.6020/2.6057, up from 2.6076/2.6103 the previous day. The ringgit strengthened against the British pound, moving from 5.4633/5.4687 to 5.4602/5.4676. However, the performance was mixed when compared to its ASEAN counterparts. It appreciated versus the Thai baht to 12.0865/12.1086, up from 12.0985/12.1154, while it was almost unchanged against the Indonesian rupiah at 225.7/226.1, and remained steady at 6.42/6.43 against the Philippine peso.",
  "summary": "The local note advances to 4.0815/4.0870 amid cautious sentiment ahead of the US FOMC meeting.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "Ringgit higher against US dollar in early trade",
        "url": "https://urgent.news/2026/10/26/ringgit-higher-against-us-dollar-in-early-trade",
        "published": "2026-10-26T00:30:04.000Z"
      }
    ]
  },
  "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."
}