Ringgit opens mixed against major currencies, eases vs US$
The ringgit opened higher against most major currencies but eased against the US dollar on Friday amid US-Iran tensions.
August 21, 2026
1 min read
97 views
Source: thestar.com.my
KUALA LUMPUR: The ringgit opened higher against most major currencies but eased slightly against the US dollar on Friday as investors turned cautious amid escalating tensions between the United States and Iran, an economist said.
At 8 am, the local note stood at 4.1850/4.1900 against the US dollar, slightly weaker from Thursday's close of 4.1800/4.1850, according to Bank Negara Malaysia's reference rate.
However, the ringgit strengthened against the Singapore dollar to 3.0900/3.0950 from 3.0950/3.1000, and appreciated against the euro to 4.6800/4.6900 from 4.6900/4.7000. It also rose against the British pound to 5.3200/5.3300 from 5.3300/5.3400.
An economist noted that the market is closely watching developments between the US and Iran, which could influence oil prices and global risk sentiment.
❓ Frequently Asked Questions
Why did the ringgit ease against the US dollar?
The ringgit eased slightly against the US dollar due to investor caution amid escalating US-Iran tensions, which affected global risk sentiment.
How did the ringgit perform against other major currencies?
The ringgit opened higher against the Singapore dollar, euro, and British pound, but eased against the US dollar.
What is the current exchange rate of the ringgit against the US dollar?
At 8 am on Friday, the ringgit was at 4.1850/4.1900 against the US dollar, slightly weaker from the previous close of 4.1800/4.1850.
