The local currency is pegged at 4.0855/4.0950 as the US and Iran continue negotiations.The local currency is pegged at 4.0855/4.0950 as the US and Iran continue negotiations.
Ringgit slightly higher against greenback, supported by low oil prices
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
KUALA LUMPUR: The ringgit was slightly higher against the US dollar on Monday as the domestic unit continues to be well-supported with lower crude oil prices.
Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said West Texas Intermediate and Brent crude prices were hovering around US$69.87 per barrel and US$72.46 per barrel, while the United States and Iran are expected to continue their negotiation deals.
At 8am, the local currency was pegged at 4.0855/4.0950 against the greenback from last Friday’s close of 4.0860/4.0910.
MORE TO COME
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Senators Gear Up for Clarity Act Vote — What It Means for Crypto
Stand With Crypto emphasizes the urgency of the Clarity Act with a timeline aimed for early July. This development could reshape crypto regulations. The post Senators
Share
Coinfomania2026/06/29 08:08
18,000 applications for additional diesel quota received
Finance minister II Amir Hamzah Azizan says applications for the additional 100 litres can be submitted online through the official BUDI portal.
Share
Free Malaysia Today2026/06/29 07:43
Canada’s Marsch praises history-making World Cup ‘heroes’
Coach Jesse Marsch sees the last-16 clash with either the Netherlands or Morocco as a 'free hit', aiming to find a way to win.
Share
Free Malaysia Today2026/06/29 08:28
