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Ringgit Edges Higher as Weak US Data Pressures Dollar

By Chee Liang CFA3 min read

Kuala Lumpur, 6 August 2026 – The ringgit opened slightly firmer against the US dollar on Thursday as weaker-than-expected American employment and services data reduced support for the greenback, although caution ahead of the US non-farm payrolls report kept currency movements contained.

At 8am, the ringgit traded at 4.0905/0960 against the US dollar, strengthening marginally from Wednesday’s closing level of 4.0920/0960. The movement followed a 0.18% decline in the US Dollar Index to 99.676, according to the reported currency data.

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Author

  • Chee Liang CFA

    Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.