Ringgit and rupiah fall as most Asian currencies weaken against dollar
The Vietnamese dong was the only gainer among 10 monitored Asian currencies, while Thailand’s baht was unchanged.
Malaysia’s ringgit fell 0.30 per cent and Indonesia’s rupiah lost 0.14 per cent against the US dollar in early trading on November 2, 2026. Refinitiv figures at 09.20 WIB showed declines in eight of the 10 Asian currencies monitored.
The rupiah traded at Rp18,145 per US dollar. South Korea’s won recorded the largest decline, losing 0.54 per cent, while Japan’s yen weakened 0.21 per cent.
Elsewhere in Southeast Asia, the Singapore dollar slipped 0.13 per cent and the Philippine peso eased 0.02 per cent. Vietnam’s dong advanced 0.05 per cent, while Thailand’s baht held steady. The Taiwan dollar dropped 0.09 per cent and China’s yuan edged down 0.01 per cent.
The US dollar index, or DXY, rose 0.06 per cent to 101.940 at the same time. Trading took place ahead of the US midterm elections and the October US employment report, both on the market’s agenda.
The Federal Reserve had left interest rates unchanged at its preceding meeting. Other scheduled monetary policy decisions included those of the Bank of England, Reserve Bank of Australia, Norges Bank and Sweden’s Riksbank.
