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Home/Briefs/currency exchange rates
BriefApril 17, 2026 · 03:59 AM

Ringgit gains as US-Iran talks signal lower oil risk

The ringgit opened at 3.9510/9570 against the US dollar, up from the previous close of 3.9550/9600. The gain follows optimism that a second round of US-Iran talks will de-escalate conflict and reopen the Strait of Hormuz. This shift in sentiment pushed Brent crude prices to US$94.59 per barrel and West Texas Intermediate to US$90.76 per barrel.

Riley Stratton
currency exchange ratesoil pricesgeopolitical risk

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