{
  "id": 615732,
  "title": "Ringgit opens higher against US dollar ahead of Q2 GDP data",
  "url": "https://urgent.news/2026/08/12/ringgit-opens-higher-against-us-dollar-ahead-of-q2-gdp-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T00:30:29.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/08/12/ringgit-opens-higher-against-us-dollar-ahead-of-q2-gdp-data"
  },
  "original_language": "en",
  "account": null,
  "summary": "The ringgit opened higher against the US dollar on Wednesday. At 8am, it rose to 4.0895/4.0950 against the greenback from the previous day's close of 4.0905/4.0940.\n\nThe local currency's performance comes ahead of Malaysia's second quarter gross domestic product data, which is slated for release on August 14. According to Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid, as reported by Free Malaysia Today, the economy could expand by 5.8% in Q2.\n\nThe ringgit was mostly lower against a basket of major currencies at the opening. It strengthened against the Japanese yen but slid against the euro and eased vis-a-vis the British pound. The US Dollar Index was mostly flat as traders and investors await the US consumer price index data.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Ringgit opens higher against US dollar ahead of Q2 GDP data",
        "url": "https://urgent.news/2026/08/12/ringgit-opens-higher-against-us-dollar-ahead-of-q2-gdp-data-620584",
        "published": "2026-08-12T00:30:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Ringgit opens higher against US dollar ahead of 2Q GDP print",
        "url": "https://urgent.news/2026/08/12/ringgit-opens-higher-against-us-dollar-ahead-of-2q-gdp-print",
        "published": "2026-08-12T00:36:41.000Z"
      }
    ]
  },
  "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."
}