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Ringgit Opens Higher Against Major Currencies, Eases Against US Dollar Amid Moderating US Inflation

By Chee Liang CFA2 min read

Kuala Lumpur, 13 August 2026 – The Malaysian ringgit opened firmer against a basket of major currencies on Thursday while easing slightly against the United States dollar, as international market participants processed freshly released consumer price index data indicating a slight moderation in United States inflation.

At 8:00 AM local time, the ringgit softened to 4.0850/0950 against the greenback compared to Wednesday’s closing level of 4.0835/0875. The modest movement against the dollar came as global financial markets analyzed the latest United States consumer price index, which showed annual headline inflation easing to 3.4 percent in July from 3.5 percent in June.

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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.