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Thursday, 12 November 2026

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Ringgit Holds Near 4.07 Against the Dollar and Gains Against Major Peers

The ringgit opened broadly steady against the US dollar but strengthened against several major and regional currencies.

By TLA AI Editor3 min read

Kuala Lumpur, 12 November 2026 – The Malaysian ringgit opened little changed against the US dollar on 12 November but strengthened against the euro, British pound and Japanese yen. At 8am Malaysia time, the dollar was quoted at RM4.0705 to RM4.0770, compared with RM4.0710 to RM4.0745 at Wednesday’s close. The opening range was wider, with one end lower and the other higher than the previous close.

For Malaysian businesses, a broadly steady dollar rate did not mean the cost of buying every foreign currency stayed the same. Both sides of the opening quotes for sterling, the euro and the Singapore dollar moved lower in ringgit terms. The differences matter for importers and investors whose payments or assets are spread across currencies, rather than denominated only in US dollars.

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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.