KUALA LUMPUR, June 5 — The ringgit ended lower against the US dollar today amid cautious sentiment over lingering geopolitical uncertainty in West Asia and rising fuel prices.

At 6 pm, the local currency depreciated to 4.0280/0320 against the greenback from yesterday’s close of 4.0095/0140.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the stalemate in the US-Iran negotiations could keep fuel prices elevated and result in higher inflationary pressures.

He said authorities across Asia have also reaffirmed their commitment to stabilising their respective currencies amid heightened market volatility.

He added that the US dollar-Japanese yen pair had surpassed the 160-yen psychological level, prompting the Japanese government to signal its readiness to intervene in the foreign exchange market, while India is mulling scrapping the capital gains tax on bonds to lure foreign investors.

“Hence, the currency market is likely to remain guarded,” he told Bernama.

The ringgit also traded lower against a basket of major currencies. 

It eased against the British pound to 5.4233/4287 from 5.3872/3932, slid against the euro to 4.6882/6928 from 4.6610/6663, and slipped versus the Japanese yen to 2.5183/5209 from 2.5081/5111 at yesterday’s close.

The local currency traded lower against regional peers.

It retreated versus the Singapore dollar to 3.1390/1424 from 3.1241/1279, and eased against the Thai baht to 12.3433/3605 from 12.2708/2903.

It also weakened against the Philippine peso to 6.55/6.56 from 6.50/6.52, and dropped against the Indonesian rupiah at 223.3/223.6 versus 222.1/222.4 at Thursday’s close. — Bernama

KUALA LUMPUR, June 12 — The ringgit opened higher against the US dollar and was mostly firmer against regional peers on Friday amid easing geopolitical tensions in West Asia, which lifted sentiment towards the local note.

At 8 am, the local currency appreciated to 4.0505/0615 against the greenback from yesterday’s close of 4.0650/0690.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said United States President Donald Trump had indicated that a deal with Iran was close to being finalised, which could lead to the resumption of shipping activities in the Strait of Hormuz.

“Meanwhile, crude oil prices such as West Texas Intermediate (WTI) and Brent fell by 1.97 per cent and 2.92 per cent to US$85.98 per barrel and US$90.38 per barrel, respectively.

“The US Dollar Index (DXY) was also down by 0.28 per cent to 99.672 points as a result. In addition, US initial jobless claims rose for the third week in a row to 229,000 last week,” he told Bernama.

The local currency traded mostly lower against a basket of major currencies. 

It climbed versus the Japanese yen to 2.5293/5364 from 2.5321/5347, but depreciated against the British pound to 5.4337/4485 from 5.4325/4378, and slid vis-a-vis the euro to 4.6889/7016 from 4.6878/6924 at Thursday’s close.

The ringgit was mostly higher against regional peers.

It rose versus the Singapore dollar to 3.1541/1632 from 3.1556/1589, was up against the Indonesian rupiah to 225.1/225.8 from 225.9/226.2, and strengthened against the Philippine peso to 6.60/6.62 from 6.62/6.63 previously.

However, the local note eased against the Thai baht to 12.3623/4023 from 12.3331/3501 yesterday. — Bernama

KUALA LUMPUR, June 5 — The ringgit ended lower against the US dollar yesterday on cautious sentiment over rising fuel prices, unresolved geopolitical tensions and global trade uncertainties.

At 6pm, the local currency depreciated to 4.0095/0140 against the greenback from Wednesday’s close of 3.9955/9990.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said elevated fuel prices are expected to exert upward pressure on global inflation as a truce between the US and Israeli forces and the Iranian military remains elusive.

“Hence, traders and investors have become more edgy, with fuel prices expected to remain elevated.

“In addition, the US’ trade protectionist policies are here to stay, leading to further anxiety in market sentiment,” he told Bernama.

On June 2, 2026, the Office of the United States Trade Representative (USTR) published its findings under the Section 301 investigation into alleged forced labour involving Malaysia and proposed a 10 per cent tariff on Malaysian goods upon the expiry of the tariff imposed under Section 122 of the Trade Act 1974 on July 24, 2026.

The Ministry of Investment, Trade and Industry (MITI) noted that no final tariff determination has been made against Malaysia, as the proposed 10 per cent tariff remains subject to the USTR’s ongoing investigation and formal determination.

The ringgit also traded lower against a basket of major currencies.

It eased against the British pound to 5.3872/3932 from 5.3727/3775, slid against the euro to 4.6610/6663 from 4.6400/6440, and slipped versus the Japanese yen to 2.5081/5111 from 2.5005/5027 at yesterday’s close.

The local currency traded mostly lower against regional peers.

It retreated versus the Singapore dollar to 3.1241/1279 from 3.1164/1193, eased against the Thai baht to 12.2708/2903 from 12.1825/1988, and weakened against the Philippine peso to 6.50/6.52 from 6.47/6.48.

However, it was higher against the Indonesian rupiah at 222.1/222.4 versus 222.3/222.7 at Wednesday’s close. — Bernama

KUALA LUMPUR, June 3 — The ringgit ended lower today against the American dollar amid volatile currency markets as concerns over US tariffs resurfaced.

At 6 pm, the local currency depreciated to 3.9955/9990 against the greenback from last Friday’s close of 3.9625/9670.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Trade Representative (USTR), in its latest press statement, has identified the policies and practices of 60 economies that would face an increase in tariffs in relation to elements of forced labour.

“This suggests that trade protectionist policies will continue to shape the global economy, which would result in a higher cost of doing business for US businesses and potentially lead to further reconfiguration of the global supply chain,” he told Bernama.

The ringgit also traded lower against a basket of major currencies. 

It eased against the British pound to 5.3727/3775 from 5.3165/3225, slid against the euro to 4.6400/6440 from 4.6127/6180, and dipped versus the Japanese yen to 2.5005/5027 from 2.4874/4904 at last Friday’s close.

The local currency traded lower against regional peers.

It retreated versus the Singapore dollar to 3.1164/1193 from 3.1010/1048, and eased marginally against the Thai baht to 12.1825/1988 from 12.1732/1926 previously. 

It was lower against the Indonesian rupiah at 222.3/222.7 versus 221.6/221.9, and fell against the Philippine peso to 6.47/6.48 from 6.43/6.44 at last Friday’s close. — Bernama