# Ringgit Weakens Against Dollar, Strengthens Against Currencies

> Malaysian ringgit dips against US dollar but rises against most Asian currencies ahead of Fed meeting.
- Title: Ringgit Weakens Against Dollar, Strengthens Against Currencies
- Summary: Malaysian ringgit dips against US dollar but rises against most Asian currencies ahead of Fed meeting. Malaysian ringgit closed lower against US dollar but…
- Keywords: ringgit, us dollar, fed meeting, currencies, malaysia, malay mail, news, world, Weakens, Against, Dollar, Strengthens
- Source: Malay Mail — https://malaymail.com/news/money/2026/10/26/ringgit-ends-lower-against-us-dollar-higher-against-most-currencies/240699
- Published: 2026-10-26T19:13:49+00:00
- Read time: 1 min
- Topics: ringgit, us dollar, fed meeting, currencies, malaysia, malay mail, news, world
## Ringgit Closes Lower Against Dollar
The ringgit eased to 4.0855/0895 against the greenback from Friday’s close of 4.0835/0875.
## Investors Cautious Ahead of Fed Meeting
Analysts noted investors remained cautious ahead of the US Federal Reserve’s policy meeting on October 28.
## Trump’s Stance on Iran Points to Oil Risks
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid cited US President Donald Trump’s hawkish stance towards Iran as a factor for higher crude oil prices.
## Ringgit Strengthens Against Major Currencies
The ringgit strengthened against the British pound to 5.4517/4570 and the Japanese yen to 2.5961/5988 from Friday’s close.
## Ringgit Gains Against Asean Currencies
The ringgit advanced against Singapore dollar, Indonesian rupiah, Thai baht, and Philippine peso from Friday’s rates.
## Key takeaway

Malaysian ringgit closed lower against US dollar but stronger against most major currencies as investors awaited Fed policy decisions.