{
  "id": 16650683,
  "title": "Malaysian Ringgit: Trade surplus underpins Ringgit resilience – OCBC",
  "url": "https://urgent.news/2026/10/26/malaysian-ringgit-trade-surplus-underpins-ringgit-resilience-ocbc",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T18:32:00.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/malaysian-ringgit-trade-surplus-underpins-ringgit-resilience-ocbc-202610261832"
  },
  "original_language": "en",
  "account": "OCBC's Christopher Wong explains that the Malaysian Ringgit has remained relatively stable, despite increased regional currency volatility. This resilience is attributed to robust September exports, a widening trade surplus, and moderate inflation. The bank maintains a positive outlook on the MYR, anticipating minimal urgency for Bank Negara Malaysia (BNM) policy adjustments. September exports increased by 54.5% year-over-year, contributing to a trade surplus of MYR33.7 billion. Inflation has also eased, with headline inflation at 1.8% year-over-year and core inflation stable at 1.7%. The favorable macroeconomic backdrop and manageable inflation continue to support Malaysia's relatively strong position. The focus will now shift to BNM's meeting on November 5, but for now, a policy change may not be seen as urgent due to the strong domestic fundamentals. The bank retains a constructive bias on MYR, although near-term direction may be mainly influenced by broader USD movements and risk sentiment. The trade surplus is a positive factor, but the conversion of export earnings to MYR remains a key consideration. Momentum is currently flat, with the Relative Strength Index (RSI) showing a rise. The MYR is expected to trade within a range of 4.08 to 4.09 over the near term, with a broader range of 4.0760 to 4.0950.",
  "summary": "OCBC’s Christopher Wong describes Malaysian Ringgit trading sideways but relatively resilient despite regional FX volatility, supported by strong September exports, a wider trade surplus and benign inflation.",
  "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."
}