Ringgit Closes Lower Against US Dollar Amid Heightened Middle East Tensions

Ringgit closes lower against US dollar amid heightened Middle East tensions

KUALA LUMPUR: The ringgit closed lower against the US dollar on Tuesday, pressured by external developments following reports of United States and Israeli attacks on Iranian vessels in the Strait of Hormuz, which dampened regional market sentiment.

Ringgit weakens as Strait of Hormuz attacks weigh on sentiment

KUALA LUMPUR, May 26 — The ringgit closed lower against the US dollar today, pressured by external developments following reports of US and Israeli attacks on Iranian vessels in the Strait of Hormuz, which dampened regional market sentiment.At 6pm, the ringgit eased to 3.9660/9705 against the greenback from yesterday’s close of 3.9510/9550.According to news report, the attacks had resulted in several casualties among the Iranians.Bank Muamalat M…

Ringgit opens slightly higher against US$ amid US-Iran negotiations

KUALA LUMPUR: The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the Straits of Hormuz.

Ringgit Closes Lower Against US Dollar Amid Heightened West Asia Tensions

KUALA LUMPUR, May 26 (Bernama) — The ringgit closed lower against the US dollar on Tuesday, pressured by external developments following reports of United States and Israeli attacks on Iranian vessels in the Strait of Hormuz, which dampened regional market sentiment. At 6 pm, the ringgit eased to 3.9660/9705 against the greenback from Monday’s close of 3.9510/9550. According to news report, the attacks had resulted in several casualties among th…