Skip to content
Tuesday, 4 August 2026

The Ledger Asia

Trusted Insights. Asian Perspective.

Subscribe
Latest News
Malaysia Doubles Presence on Asia’s Best Under A Billion List as AI Investment ExpandsRafizi’s Rise as a Rival Raises Malaysia’s Political Risk PremiumParkway Life REIT’s 14.6% DPU Growth Reinforces Its Defensive Income AppealGrab’s Record Q2 Strengthens the Case for Profitable Southeast Asian GrowthPalantir Revenue Surges 93% as AI Demand Powers Outlook UpgradeRinggit Gains Against Major Currencies as Strong US Data Supports DollarFBI Supervisory Agent Accused in US$1 Million Cryptocurrency Transfer CaseGold Holds Steady as Diplomacy and US Rate Outlook Pull Investors in Opposite DirectionsMalaysia Doubles Presence on Asia’s Best Under A Billion List as AI Investment ExpandsRafizi’s Rise as a Rival Raises Malaysia’s Political Risk PremiumParkway Life REIT’s 14.6% DPU Growth Reinforces Its Defensive Income AppealGrab’s Record Q2 Strengthens the Case for Profitable Southeast Asian GrowthPalantir Revenue Surges 93% as AI Demand Powers Outlook UpgradeRinggit Gains Against Major Currencies as Strong US Data Supports DollarFBI Supervisory Agent Accused in US$1 Million Cryptocurrency Transfer CaseGold Holds Steady as Diplomacy and US Rate Outlook Pull Investors in Opposite Directions

Ringgit Gains Against Major Currencies as Strong US Data Supports Dollar

By Chee Liang CFA3 min read

Kuala Lumpur, 4 August 2026 – The ringgit opened higher against several major currencies on Tuesday but remained nearly unchanged against the US dollar after stronger-than-expected American manufacturing data reinforced expectations that US interest rates could rise further.

At 8am, the local currency traded at 4.0935/1000 against the greenback, compared with Monday’s close of 4.0935/0975. The narrow movement indicated that the ringgit was holding its ground even as investors reassessed the outlook for US monetary policy.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

This content has been restricted to logged-in users only. Please log in to view this content.

Author

  • Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.