Ringgit opens higher as AI investment concerns weigh on greenback

The local note rises to 4.0785/4.0855 against the US dollar from Thursday’s close of 4.0815/4.0850.

Free Malaysia Today Bernama · News & blogs · 2 hr ago · 1 min read

Key takeaways

The ringgit opened higher against the greenback as AI investment concerns weighed on the dollar.

The ringgit rose to 4.0785/4.0855 against the greenback.
Investors doubted AI investment returns, causing equity price drops.
US Treasury yields fell, reducing expectations of a Fed rate hike.

Summarised automatically by AI from the original article by Free Malaysia Today. AI can make mistakes, so check the original for details.

KUALA LUMPUR: The ringgit opened higher on Friday as the greenback weakened after equity prices fell amid heightened concern over artificial intelligence (AI)-related investments.

At 8am, the ringgit rose to 4.0785/4.0855 against the greenback from Thursday’s close of 4.0815/4.0850.

The ringgit opened higher on Friday as the greenback weakened after equity prices fell amid heightened concern over artificial intelligence (AI)- related investment.

At 8am, the ringgit rose to 4.0785/4.0855 against the greenback from Thursday’s close of 4.0815/4.0850.

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Story details

Published: October 23, 2026 at 12:36 AM UTC
By: Bernama
Section: Business
Length: 283 words · about 1 min read
Format: Article
Original: freemalaysiatoday.com ↗

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6 stories on this topic from 3 sources, oldest first.

Oct 12, 1:13 AM UTC
Malay Mail Ringgit opens higher as Budget’s fiscal discipline boosts sentiment
Oct 19, 1:26 AM UTC
New Straits Times Ringgit opens mostly higher as GDP growth beats forecasts
Oct 19, 1:54 AM UTC
Malay Mail Ringgit opens mostly higher after Malaysia’s GDP growth beats expectations
Oct 21, 12:20 AM UTC
New Straits Times Ringgit opens higher on strong domestic economic data
Oct 22, 12:54 AM UTC
New Straits Times Ringgit opens higher vs US dollar, major currencies
Oct 23, 12:36 AM UTC
Free Malaysia Today Ringgit opens higher as AI investment concerns weigh on greenback (this story)

Ringgit opens higher as AI investment concerns weigh on greenback

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