Forex forecast in Malaysia. Our front online advisory and live Forex pairs is for the better profit of real-time streaming in all major currency pairs.

Malaysia: The ringgit closed at a high of 3.8755/8785 against the US dollar today – a level last seen on Jan 26 this year – supported by subsiding fears of a trade war between the US and China, and rising crude oil prices.

At 6pm, the local note finished 185 basis points higher against Monday's close of 3.8940/8970.

Meanwhile, the benchmark Brent crude oil traded at US$69.77 per barrel as at 6.25pm today.

The ringgit also traded higher against a basket of other major currencies.

It rose against the yen to 3.6665/6697 from 3.7050/7086 on Monday, and appreciated against the Singapore dollar to 2.9613/9645 from 2.9709/9737 yesterday.

The local unit advanced against the euro to 4.8110/8152 from 4.8305/8346 on Monday, and was better against the pound at 5.4745/4795 from 5.5353/5408 yesterday.

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