KUALA LUMPUR, Oct 20 — The ringgit opened mostly higher against major currencies on Tuesday despite a stronger US dollar, supported by easing domestic inflation and expectations of a possible normalisation of the Overnight Policy Rate (OPR).
Against the greenback, the ringgit strengthened to 4.0780/0850 at 8am, from Monday’s close of 4.0805/0845.
The Department of Statistics Malaysia (DOSM) reported that inflation eased to 1.8 per cent in September 2026, from 1.9 per cent in August.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid expected the ringgit to trade within a range of RM4.07 to RM4.08 against the US dollar today.
