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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