KUALA LUMPUR: The ringgit extended earlier gains to end higher against the US dollar on Wednesday driven by renewed optimism among market traders following signs of possible de-escalation in the United States-Iran war. "Therefore, I think that has led to some form of optimism among the traders which led to the acquisition of ringgit,” he told Bernama. At the close, the ringgit was traded lower against a basket of major currencies. It weakened against the British pound to 5.3507/3580 from 5.3484/3543 at yesterday’s close, fell versus the Japanese yen to 2.5358/5394 as compared with 2.5351/5381 previously, and slipped vis-à-vis the euro to 4.6666/6730 from 4.6417/6468. It went down versus the Singapore dollar to 3.1369/1414 from 3.1361/1399 at Tuesday’s close and eased against the Philippine peso to 6.68/6.69 from 6.66/6.67.

Source: The Star April 01, 2026 20:09 UTC