The ringgit opened higher against the US dollar at 4.0780/4.0850, compared with 4.0805/4.0845 at the previous close, after the Department of Statistics Malaysia (DOSM) reported inflation eased to 1.8% in September 2026 from 1.9% in August. Bank Muamalat economist Afzanizam Rashid expects the ringgit to trade between RM4.07 and RM4.08 today, while investors watch Middle East risks after Iran's navy reported a US military attack on the Konarak naval base. The US Dollar Index rose 0.15% to 101.989 points, and Fed officials are in a blackout period ahead of next week's FOMC meeting. The ringgit strengthened against the yen, pound and most Asean peers, but edged lower against the euro to 4.5731/4.5809.
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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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