{
  "id": 18491217,
  "title": "Ringgit slips against US dollar amid global risk-off sentiment",
  "url": "https://urgent.news/2026/11/06/ringgit-slips-against-us-dollar-amid-global-risk-off-sentiment-18491217",
  "topic": "world",
  "section": "World",
  "published": "2026-11-06T11:28:18.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/11/1572339/ringgit-slips-against-us-dollar-amid-global-risk-sentiment"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR: The Malaysian ringgit experienced a decline against the US dollar on Friday, as global markets entered a risk-off sentiment due to renewed selling pressure in the semiconductor sector. By 6 pm, the local currency slipped to 4.0565/0610 against the US dollar, down from Thursday's close of 4.0445/0490. Stephen Innes, managing partner at SPI Asset Management, explained that the ringgit faced pressure due to cautious investors reacting to heightened uncertainty in global markets. Additionally, there was a notable demand for the US dollar as a safe-haven currency compared to others like the euro and Australian dollar, which in turn affected Asian currencies, including the ringgit. Bank Muamalat Malaysia Bhd chief economist, Dr Mohd Afzanizam Abdul Rashid, noted that the ringgit weakened by 0.22 percent against the US dollar compared to RM4.0557 after the US midterm elections. Traders are also anticipating the US nonfarm payrolls data release tonight, with estimates suggesting a total job creation of 65,000 in October, up from 29,000 in September. The ringgit traded mostly higher against major currencies such as the Japanese yen, euro, and British pound. However, it showed mixed performance against its ASEAN peers, appreciating against the Singapore dollar but weakening against the Thai baht, rupiah, and Philippine peso.",
  "summary": "KUALA LUMPUR: The ringgit closed lower against the US dollar on Friday, weighed down by a broad risk-off sentiment across global markets amid renewed selling pressure in the semiconductor sector.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Ringgit slips against US dollar amid global risk-off sentiment",
        "url": "https://urgent.news/2026/11/06/ringgit-slips-against-us-dollar-amid-global-risk-off-sentiment",
        "published": "2026-11-06T10:25:00.000Z"
      }
    ]
  },
  "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."
}