Kuala Lumpur, 25 September 2026 – The ringgit opened modestly stronger against the US dollar and several major currencies on Friday, despite pressure from rising US Treasury yields. At 8am, the dollar was quoted at RM4.0810/RM4.0865, compared with RM4.0840/RM4.0880 at Thursday’s close. The move was small and time-specific; it should not be confused with a full-day gain.
The two numbers in each quotation represent bid and ask rates, rather than two different market prices. A lower ringgit-per-dollar rate indicates a firmer local currency. By that measure, both sides of the opening quote improved slightly. Short-term exchange-rate moves can reverse quickly as global dollar demand, hedging flows and local trading volumes change through the session.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here