{
  "id": 9135777,
  "title": "Ringgit inches up against dollar in cautious trade",
  "url": "https://urgent.news/2026/09/22/ringgit-inches-up-against-dollar-in-cautious-trade-9135777",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T10:50:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/09/22/ringgit-inches-up-against-dollar-in-cautious-trade"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR: The Malaysian ringgit experienced a slight increase against the US dollar on Tuesday, remaining within a tight range as investors remained cautious amid impending geopolitical events. By 6pm, the ringgit reached 4.0730/4.0775 against the greenback, up from Monday's closing price of 4.0755/4.0800. Afzanizam Abdul Rashid, chief economist at Bank Muamalat Malaysia Bhd, attributed the cautious trading to the ongoing monitoring of global geopolitical developments, including the United Nations General Assembly and the upcoming summit between US President Donald Trump and Chinese President Xi Jinping. The economist noted that recent interest rate hikes by major central banks, such as the European Central Bank, the US Federal Reserve, and the Bank of Japan, indicated that monetary policy was expected to remain tight until inflation approached the 2% target. He also mentioned that the price of Brent crude oil had stayed above US$100 per barrel, highlighting the precarious nature of the geopolitical landscape. Furthermore, Afzanizam pointed out that the resumption of oil flows from Saudi Arabia through the Strait of Hormuz had initially provided a boost to market optimism, but the situation remained far from resolved. At the day's end, the ringgit enjoyed a marginal gain against several major currencies, including the euro, British pound, and Japanese yen. However, it experienced a decline against the Singapore dollar, Thai baht, Indonesian rupiah, and remained stable against the Philippine peso.",
  "summary": "Investors are monitoring geopolitical developments for their potential impact on the markets, says an analyst.",
  "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."
}