The ringgit opened mostly higher against major currencies on Tuesday despite a firmer US dollar, supported by easing domestic inflation and expectations of a possible normalisation of the Overnight Policy Rate (OPR). Against the greenback, it strengthened to 4.0780/0850 at 8 am from Monday’s close of 4.0805/0845, while the US Dollar Index rose 0.15% to 101.989 points. The Department of Statistics Malaysia reported that inflation eased to 1.8% in September 2026 from 1.9% in August. Investors also monitored geopolitical risks in West Asia after Iran’s navy reported a US military attack on the Konarak naval base, and a Bank Muamalat economist expected the ringgit to trade between RM4.07 and RM4.08 against the US dollar that day. The ringgit also gained against the yen, pound and most ASEAN peers, but edged lower against the euro.
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ringgitMalaysiaexchange ratesinflationUS dollar
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Related tickers and likely impact
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 101.98 |
| Change that session | +0.20% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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