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Wednesday, 11 November 2026
Markets

Ringgit Weakens to 4.073 as Asian Currencies Fall and Tech Stocks Rise

The ringgit fell to a one-week low against the dollar, while technology shares in South Korea and Taiwan extended their rebound.

By TLA AI Editor3 min read

Asia, 11 November 2026 – The Malaysian ringgit weakened to RM4.073 per US dollar in Wednesday’s regional trading, its lowest level in a week, as the stronger dollar also weighed on the Thai baht and Indonesian rupiah. The baht fell 0.5%, while the rupiah traded at about 18,150 to the dollar. Technology-heavy equity markets in South Korea and Taiwan moved in the opposite direction, extending a rebound from the previous week’s sell-off.

The split matters for Asian investors because gains in local equity markets do not necessarily translate into gains in dollar terms. It also matters for businesses on opposite sides of dollar transactions: a weaker local currency raises the cost of a dollar invoice, while exporters with dollar receipts can receive more in local currency. Wednesday’s readings capture those markets during the session, not their closing levels or a forecast of where currencies will trade next.

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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.