Kuala Lumpur, 24 June 2026 – The Malaysian ringgit opened easier against the US dollar on Wednesday as stronger United States economic data reinforced demand for the greenback and kept currency traders cautious ahead of a key US inflation report later in the week.
At 8am, the local currency weakened to 4.1450/1505 against the US dollar, compared with 4.1380/1430 at Tuesday’s close. The softer opening reflected renewed dollar strength as investors reassessed the likelihood that the Federal Reserve may maintain a firmer monetary policy stance if inflationary pressure remains persistent.
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