Ringgit eases as Middle East conflict weighs on sentiment
Photo: Free Malaysia Today
Markets remained cautious as higher energy prices raised prospects of tighter US and Japanese monetary policy next week, says an analyst.
From the original report
At 6pm, the local currency eased to 4.0670/4.0720 against the greenback from Tuesday’s close of 4.0605/4.0640.
Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid said Brent crude prices hit the psychological level of US$100 a barrel today as the conflict between US-Israel and Iran continues, leading to uncertainties over crude oil supplies from the Gulf region.
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- Free Malaysia Today
- Originally published
- Sep 9, 2026
- Updated here
- Sep 9, 2026
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- Malaysia Times desk (brief) — reporting by the source
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