{
  "id": 524279,
  "title": "Ringgit opens mixed against major currencies as US dollar gains",
  "url": "https://urgent.news/2026/08/11/ringgit-opens-mixed-against-major-currencies-as-us-dollar-gains-524279",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T00:44:27.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/08/11/ringgit-opens-mixed-against-major-currencies-as-us-dollar-gains"
  },
  "original_language": "en",
  "account": "On Tuesday, the Malaysian ringgit opened mixed against major currencies as the US dollar gained strength. At 8am, the local currency traded at 4.0900/4.0975 against the greenback, up from yesterday's close of 4.0885/4.0930. Afzanizam Rashid, chief economist at Bank Muamalat Malaysia Bhd, noted that the US dollar index (DXY) is currently up 0.27% at 99.811 points. Rashid explained that US President Donald Trump's stance on Iran's compensation demand is dollar-positive, as it could improve the odds of a rate hike during the September Federal Open Market Committee (FOMC) meeting. Consequently, he expects the ringgit to remain range-bound due to conflicting signals, with weak US job data last Friday failing to weaken the American currency.\n\nThe ringgit showed strength against the Japanese yen, rising from 2.5736/2.5766 to 2.5696/2.5746. It also strengthened against the euro, moving from 4.7247/4.7299 to 4.7223/4.7310. However, the local currency was weaker against the British pound, falling from 5.5170/5.5231 to 5.5260/5.5361. Against regional currencies, the ringgit was firmer against the Singapore dollar, up from 3.1961/3.2002 to 3.1943/3.2004. It eased against the Thai baht, declining from 12.3894/12.4079 to 12.3921/12.4204. The ringgit remained unchanged against the Indonesian rupiah and almost flat against the Philippine peso.",
  "summary": "The local currency trades at 4.0900/4.0975 as the greenback strengthens amid elevated crude oil prices.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Ringgit opens mixed against major currencies as US dollar gains",
        "url": "https://urgent.news/2026/08/11/ringgit-opens-mixed-against-major-currencies-as-us-dollar-gains",
        "published": "2026-08-11T00:44:27.000Z"
      }
    ]
  },
  "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."
}