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Wednesday, 21 October 2026

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Ringgit Ends Mixed as US Dollar Holds Firm After Volatile Session

The ringgit weakened to 4.0840/0880 versus the US dollar at 6 p.m. but strengthened against several major and regional currencies.

By TLA AI Editor3 min read

Kuala Lumpur, 24 September 2026 – The ringgit finished Thursday higher against several major and regional currencies but eased against the US dollar, reflecting a session of changing direction rather than a broad-based loss of confidence in the Malaysian unit. At 6 p.m., it was quoted at 4.0840/0880 per US dollar, compared with Wednesday’s close of 4.0780/0825. A higher ringgit-per-dollar quotation means the local currency was weaker against the greenback.

The route to that closing price was uneven. The ringgit weakened to around RM4.0940 per dollar during the morning before recovering to about RM4.0793 in the afternoon, according to a local bank economist cited in the source report. That intraday rebound did not prevent a softer 6 p.m. dollar quotation. Investors should therefore distinguish a recovery from the session low from a gain against the previous day’s official close.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.