KUALA LUMPUR: The Malaysian ringgit opened lower against the US dollar on Thursday, April 30, 2026, and traded mixed against other major currencies. The local currency was weighed down by broad dollar strength and cautious market positioning following the US Federal Reserve's latest interest rate decision.
At 9:00 am local time, the ringgit was quoted at 4.4250/4.4300 against the US dollar, compared to 4.4200/4.4250 at Wednesday's close. The decline was limited by support from firmer crude oil prices, which helped cushion the impact of the stronger greenback.
Against other currencies, the ringgit strengthened against the Japanese yen to 2.9100/2.9150 from 2.9200/2.9250, but weakened against the British pound to 5.5200/5.5300 from 5.5100/5.5200. It was also lower against the euro at 4.7800/4.7900 from 4.7700/4.7800.
Market participants are now awaiting further cues from the US economic data and the Fed's policy outlook, which could influence the ringgit's direction in the near term.
