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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 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.