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Ringgit Opens Easier as Strong US Data Keeps Dollar Supported Ahead of Inflation Report

By Chee Liang CFA3 min read

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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Author

  • Chee Liang CFA

    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.