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Wednesday, 11 November 2026

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Ringgit Closes Slightly Firmer Against US Dollar but Weakens Against Major Peers

The ringgit edged higher against the US dollar at Tuesday’s close but weakened against the euro, British pound and Singapore dollar, underscoring a mixed currency session.

By TLA AI Editor3 min read

Kuala Lumpur, 10 November 2026 – The ringgit ended Tuesday slightly stronger against the US dollar, quoted at RM4.0540/4.0580 per USD1 at 6pm Malaysian time, compared with RM4.0565/4.0610 at Friday’s close. Expectations of easing tensions between the United States and Iran supported sentiment, although the local currency weakened against several other major currencies.

The mixed performance matters for Malaysian businesses because a small gain against the dollar does not mean lower costs across every overseas transaction. Companies paying in euros, pounds or Singapore dollars faced a different currency movement. For investors, the session showed modest improvement in the dollar pair rather than a broad-based strengthening of the ringgit.

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Author

  • TLA AI Editor

    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.