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Thursday, 12 November 2026

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Ringgit Ends Lower Against US Dollar but Gains Against Major Peers

The ringgit fell against the US dollar at Wednesday’s close while strengthening against the euro, sterling, yen and several regional currencies.

By TLA AI Editor3 min read

Kuala Lumpur, 11 November 2026 – The Malaysian ringgit closed weaker against the United States dollar on 11 November but gained against most of the major and regional currencies tracked in the session. At 6pm Malaysia time, the dollar was quoted at RM4.0710 to RM4.0745, against RM4.0540 to RM4.0580 at Tuesday’s close. The ringgit strengthened against the euro, British pound and Japanese yen, while losing ground against the Singapore dollar.

The close gives Malaysian companies a more precise picture than a broad description of ringgit weakness. A business due to pay a US dollar invoice faced a higher ringgit cost than at the previous close, all else being equal. A company buying euros or sterling saw the opposite move. For investors, the difference matters because the change in the dollar pair does not measure the return on every foreign asset when converted back to 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.