# Ringgit Trades Between RM4.06 and RM4.09 Against Dollar

> Fed officials weigh further rate hike as ringgit stays range-bound next week.
- Title: Ringgit Trades Between RM4.06 and RM4.09 Against Dollar
- Summary: Fed officials weigh further rate hike as ringgit stays range-bound next week. Ringgit is expected to trade between RM4.06 and RM4.09 against the US dollar…
- Keywords: ringgit, us dollar, fed, rate hike, malaysia, market sentiment, ringgit dollar rate, news, world, Trades, Between, RM4
- Source: Malay Mail — https://malaymail.com/news/money/2026/09/19/ringgit-to-trade-between-rm406-and-rm409-against-us-dollar-next-week-as-as-fed-officials-weigh-further-rate-hike/235767
- Published: 2026-09-19T15:26:11+00:00
- Read time: 1 min
- Topics: ringgit, us dollar, fed, rate hike, malaysia, market sentiment, ringgit dollar rate, news, world
## Ringgit Trading Range
The ringgit is expected to trade between RM4.06 and RM4.09 against the US dollar next week.

> We foresee the ringgit-dollar (rate) to range between RM4.06 and RM4.09 next week
## Fed Officials Weigh Rate Hike
Fed officials are expected to share their thoughts on further rate hikes, influencing market sentiment.

> Hence, we will see the degree of conviction for rate hike in the months to come
## Rate Hike Forecast
The US Fed forecast predicts another 25-basis point rate hike this year.

> there would be another 25-basis point hike this year
## Ringgit Weakens Against Dollar
The ringgit weakened against the US dollar to 4.0795/0840 from 4.0685/0725 a week earlier.

> weakened against the greenback to 4.0795/0840 from 4.0685/0725 a week earlier
## Ringgit Strengthens Against Currencies
The ringgit strengthened against the British pound, Japanese yen, and euro during the week.

> appreciated versus the British pound to 5.4543/4603 from 5.4961/5015
## Ringgit Weakens Against Peso
The ringgit slipped against the Philippine peso to 6.50/6.51 from 6.49/6.50 last Friday.

> slipped against the Philippine peso to 6.50/6.51 from 6.49/6.50 last Friday
## Key takeaway

Ringgit is expected to trade between RM4.06 and RM4.09 against the US dollar next week due to cautious market sentiment from anticipated Fed rate hikes.