Ringgit weakens against the US dollar

The ringgit weakened against the US dollar and other currencies at yesterday’s close as uncertainties over the conflict in West Asia triggered a risk-off mode in financial markets.

The Star said at 6pm, the local currency fell to 3.9920/9955 versus the greenback from yesterday’s close of 3.9620/9670.

As reported by national official news agency Bernama, Bank Muamalat Malaysia Bhd chief economist Encik Mohd Afzanizam Abdul Rashid said signs of de-escalation remained elusive, with the Iranian government rejecting peace talks despite US insistence.

“The demands from the Iranian government, including reparations for damages following the US-Israel attack on its soil, guarantees against further military assaults, and recognition of its authority over the Strait of Hormuz, appear to be a tall order.

“Hence, sentiment in the foreign exchange market is likely to remain cautious in the near term, as countries across Asia grapple with fuel shortages,” he told the Malaysian news agency.

End©Permadu

Visit Permadu Malaysia blog at permadumalaysia.blogspot.com


Adapted by Fauzi Kadir
Chief Editor

Assistant Editor
Kwai Fong Chin


Final editing and brought to you by
Fauzi Kadir CHIEF EDITOR

© 2026 Permadu Malaysia
(Semua Hak Cipta Terpel
ihara)
All Rights Reserved 
Contact us at permadu@gmail.com

(DILULUSKAN UNTUK SIARAN OLEH LEMBAGA SIDANG PENGARANG) 
PUBLISHED UPON APPROVAL BY THE EDITORIAL BOARD 

P
Official and authorised bank account for Permadu Malaysia
Fauzi Bin Abd... 7600650948 CIMB Bank

Visiting Permadu Malaysia is absolutely free and we operate with non-profit making objective. We hope you enjoy and feel happy visiting and reading every presentation from us.

If you have the generosity to support our operations and continuous activities of charity to those who are less fortunate, we would be grateful to accept sincere contributions from any individuals or organisations. 

Contact us at permadu@gmail.com for further details and information. No obligation and no commitment.

Comments

POPULAR POSTS from Permadu Malaysia

Australian political analyst says Malaysian PM's political party, PKR is in collapse

MAHATHIR MAY REJOIN UMNO

Ketua Pemuda UMNO ajak Ahli MKT UMNO bertumbuk

Isu Stadium Shah Alam, suami Hannah Yeoh dapat kontrak, parkir, terkini babi — faktor penyumbang PH kalah di PRN akan datang

OVERCONCENTRATION OF A MALAY POPULATION MAKES SHAH ALAM A GHOST CITY, SAYS ANALYST

It happens everywhere—Not only in our country

A lawyer's personal opinion on Tommy Thomas' controversial book

Satu demi satu agamawan problematik muncul, terkini Dr Mashitah Ibrahim

Dad and Kids

Isteri billionaire minta tolong orang ramai menderma?