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Tuesday, 6 October 2026

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Ringgit’s ASEAN Gains Mask a Firmer US Dollar Risk

Regional gains for the ringgit contrast with modest weakness against the US dollar, creating different outcomes for importers, exporters and investors.

By TLA AI Editor3 min read

Kuala Lumpur, 6 October 2026 – The ringgit strengthened against most ASEAN peers while slipping modestly against the US dollar, highlighting how Malaysia’s currency can outperform regionally even as global risk aversion directs capital towards the world’s main reserve currency.

At 6pm on Monday, the ringgit eased to 4.0845/0890 against the US dollar from 4.0820/0870 at the previous close. It gained against the Singapore dollar to 3.1905/1943 from 3.1908/1952 and strengthened against the Thai baht to 12.1234/1411 from 12.1579/1778. It also edged higher against the Indonesian rupiah while remaining broadly unchanged against the Philippine peso.

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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.