# Ringgit ends lower as oil prices rise, Fed decision looms | Malay Mail

> The ringgit closed lower at 4.0605 per US dollar on September 8, weighed by higher crude oil prices and caution ahead of the Fed's policy decision. Bank Muamalat said elevated oil prices could strengthen the case for a Fed hike.

- Date: 2026-09-08 · published 2026-09-08T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/17731-ringgit-ends-lower-as-oil-prices-rise-fed-decision-looms-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher crude and a stronger dollar raise energy, freight and imported feed costs in Malaysia. The currency move is a routine market reaction with limited direct price impact on feed.

## Read by commodity

- BRENT: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-02-28 | [Ringgit opens firmer against US dollar, supported by oil prices \| Malay Mail](https://feedsoft.ai/events/42959-ringgit-opens-firmer-against-us-dollar-supported-by-oil-prices-malay-mail.md) | +23.1% | +23.8% |
| BRENT | 2021-09-30 | [Ringgit opens lower against US dollar \| Malay Mail](https://feedsoft.ai/events/45319-ringgit-opens-lower-against-us-dollar-malay-mail.md) | +3.8% | +7.8% |
| BRENT | 2021-02-04 | [Ringgit marginally higher against us dollar on improving oil prices \| Malay Mail](https://feedsoft.ai/events/48915-ringgit-marginally-higher-against-us-dollar-on-improving-oil-prices-malay-mail.md) | +4.8% | +10.0% |
| BRENT | 2026-03-30 | [Ringgit, regional currencies end lower vs US dollar as geopolitical tensions persist \| Malay Mail](https://feedsoft.ai/events/20414-ringgit-regional-currencies-end-lower-vs-us-dollar-as-geopolitical-tensions.md) | +1.2% | -5.1% |
| BRENT | 2026-07-25 | [Malaysia's Ringgit Faces Triple Test as Fed, State Election, and Energy Prices Converge](https://feedsoft.ai/events/18629-malaysia-s-ringgit-faces-triple-test-as-fed-state-election-and-energy-prices.md) | -7.6% | -6.9% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2026/09/08/ringgit-ends-lower-as-oil-prices-rise-fed-decision-looms/234461

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.