{
  "id": 16552607,
  "title": "Ringgit opens firmer versus US dollar as markets await Fed decision",
  "url": "https://urgent.news/2026/10/26/ringgit-opens-firmer-versus-us-dollar-as-markets-await-fed-decision",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T02:05:29.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/money/2026/10/26/ringgit-opens-firmer-versus-us-dollar-as-markets-await-fed-decision/240601"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR, Oct 26 - The Malaysian ringgit opened slightly stronger against the US dollar on Monday, as investors approached the Federal Reserve's Federal Open Market Committee meeting scheduled for October 27-28, according to early trading. At 8:02am, the ringgit climbed to 4.0815/0870 against the greenback, from Friday's close of 4.0835/0875. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid noted that the US Dollar Index (DXY) had risen 0.2 percent, alongside higher US Treasury yields. This led to cautious market sentiment, with Brent crude oil prices remaining high at US$116 per barrel and the ongoing conflict in West Asia potentially impacting global crude oil supplies. Therefore, analysts expect the ringgit to trade within a narrow range throughout the day, according to Bernama. At the opening, the ringgit exhibited mixed performance against major currencies. It slipped against the euro to 4.5790/5852 from 4.5735/5780, increased against the Japanese yen to 2.6020/6057 from Friday's close of 2.6076/6103, and strengthened against the British pound to 5.4602/4676 from 5.4633/4687. However, the ringgit showed mixed results against ASEAN currencies. It appreciated vs the Thai baht to 12.0865/1086 from 12.0985/1154, surpassed the Singapore dollar to 3.1937/1982 from 3.1952/1986, but remained nearly stable vs the Indonesian rupiah at 225.7/226.1 and was unchanged against the Philippine peso at 6.42/6.43.",
  "summary": "KUALA LUMPUR, Oct 26 — The ringgit was slightly higher against the US dollar in early trade on Monday amid cautiou...",
  "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."
}