{
  "id": 6131958,
  "title": "Ringgit ends marginally lower as strong US jobs data boosts dollar",
  "url": "https://urgent.news/2026/09/07/ringgit-ends-marginally-lower-as-strong-us-jobs-data-boosts-dollar",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-07T11:00:42.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/money/2026/09/07/ringgit-ends-marginally-lower-as-strong-us-jobs-data-boosts-dollar/234322"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR, Sept 7 — The Malaysian ringgit slipped marginally on Monday, following strong U.S. non-farm payrolls (NFP) data and the imminent release of a U.S. inflation report. The U.S. NFP data for August revealed a significant increase of 162,000 jobs, surpassing the predicted figure of 55,000. By 6 PM, the ringgit weakened to 4.0440/0485 against the U.S. dollar, down from last Friday's close of 4.0425/0465. Dr Mohd Afzanizam Abdul Rashid, the chief economist at Bank Muamalat Malaysia Bhd, noted that the market is currently monitoring the upcoming U.S. Consumer Price Index (CPI) report, due for release on Friday. Rashid highlighted that the information contained within the CPI report, along with data from the Federal Open Market Committee (FOMC) members, will influence market sentiment as they convene next week to determine the Fed Funds Rate. Furthermore, the Fed staff will present their latest macroeconomic variables, including gross domestic product, inflation rate, unemployment figures, and the Fed Funds Rate, to the committee. The next scheduled FOMC meeting is set for September 15-16. At the day's close, the ringgit experienced a decline against a variety of major currencies. It weakened against the euro, dropping from 4.6962/7008 to 4.6991/7044, slipped against the British pound from 5.4663/4717 to 5.4736/4796, and weakened against the Japanese yen from 2.5832/5860 to 2.6173/6204. The ringgit also exhibited a downward trend against regional currencies, such as the Philippine peso, falling from 6.45/6.46 to 6.46/6.47, and against the Singapore dollar, moving from 3.1888/1923 to 3.1943/1981. Similarly, it experienced a decline against the Thai baht, from 12.2693/2863 to 12.3041/3231, and against the Indonesian rupiah, decreasing from 229.1/229.4 to 229.2/229.6.",
  "summary": "KUALA LUMPUR, Sept 7 — The ringgit closed slightly lower on Monday after the United States posted strong non-farm...",
  "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."
}