Kuala Lumpur, 16 June 2026 – The ringgit could test the psychologically important RM4 level against the US dollar after a US-Iran peace deal lifted global risk appetite, weakened the greenback and eased concerns over energy-market disruption.
The local note has already strengthened on improved market sentiment, closing firmer at 4.0485/4.0525 against the US dollar as investors responded to the possibility of lower oil-price pressure, softer US Treasury yields and a more favourable environment for emerging-market currencies.
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