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Sunday, 1 November 2026
Markets

Ringgit Closes Higher as Brent Crude Rises Above US$94

By Chee Liang CFA3 min read

Kuala Lumpur, 22 July 2026 – The ringgit strengthened against the US dollar and a broad range of major and regional currencies as higher crude oil prices improved sentiment towards Malaysia’s energy-linked economy.

At 6pm, the local currency closed at 4.0850/4.0890 against the US dollar, compared with 4.0870/4.0910 in the preceding session.

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Author

  • Chee Liang CFA

    Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.