{
  "id": 7066797,
  "title": "Ringgit expected to trade in tight range against US dollar next week",
  "url": "https://urgent.news/2026/09/13/ringgit-expected-to-trade-in-tight-range-against-us-dollar-next-week",
  "topic": "world",
  "section": "World",
  "published": "2026-09-13T05:43:03.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/09/1531733/ringgit-expected-trade-tight-range-against-us-dollar-next-week"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR: Analysts predict the ringgit will remain within a narrow range of RM4.06 to RM4.08 against the US dollar following the upcoming monetary policy decisions of key central banks. Bank Muamalat Malaysia chief economist Dr Mohd Afzanizam Abdul Rashid highlighted the focus on the Federal Reserve's and Bank of Japan's rate hikes, with both institutions expected to increase their policy rates by 25 basis points. Investor sentiment has been influenced by the anticipation of a US Fed rate increase, which has bolstered the value of the US dollar. In addition to rate decisions, external factors such as the surge in crude oil prices due to the escalating US-Israel-Iran conflict are expected to impact market sentiment. Over the past week, the ringgit experienced a decline against major currencies, including a drop against the British pound, Japanese yen, and euro, as well as against ASEAN currencies like the Singapore dollar, Thai baht, Indonesian rupiah, and Philippine peso.",
  "summary": "KUALA LUMPUR: The ringgit is expected to trade within a tight range against the US dollar next week, with investors remaining cautious ahead of key monetary policy decisions by the United States Federal Reserve (Fed) and the Bank of Japan (BOJ).",
  "key_points": [
    "Ringgit expected to trade between RM4.06 and RM4.08 against US dollar",
    "Federal Reserve and Bank of Japan to raise rates by 25 basis points",
    "Crude oil price surge from US-Israel-Iran conflict to affect market sentiment"
  ],
  "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."
}