# Ringgit stabilises, continues uptrend - Johari | Awani International

> Malaysia's Second Finance Minister Johari Abdul Ghani told parliament the ringgit had risen 4.6 percent against the dollar since the start of 2017. He attributed the gain to higher Brent crude prices in the first half, portfolio inflows and positive economic indicators.

- Date: 2017-07-24 · published 2017-07-24T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/70232-ringgit-stabilises-continues-uptrend-johari-awani-international
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A stronger ringgit and higher oil prices change the local-currency cost of Malaysian palm oil and fuel imports. The statement describes past currency moves and does not signal a new feed price driver.

## Read by commodity

- BRENT: bullish ▲
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2023-07-27 | [Ringgit continues to trade higher against greenback \| Malay Mail](https://feedsoft.ai/events/35322-ringgit-continues-to-trade-higher-against-greenback-malay-mail.md) | +0.8% | +0.8% |
| BRENT | 2019-01-14 | [The Week Ahead: Will the ringgit and oil prices continue to do well this week? \| KLSE Screener](https://feedsoft.ai/events/61350-the-week-ahead-will-the-ringgit-and-oil-prices-continue-to-do-well-this-week.md) | +4.2% | +3.1% |
| BRENT | 2026-04-30 | [Ringgit closes softer against major currencies on oil volatility, US Fed stance \| Malay Mail](https://feedsoft.ai/events/19960-ringgit-closes-softer-against-major-currencies-on-oil-volatility-us-fed-stance.md) | -15.3% | -21.9% |
| BRENT | 2023-03-31 | [Oil Rises On Cooling US Inflation, Lower Global Supplies](https://feedsoft.ai/events/37043-oil-rises-on-cooling-us-inflation-lower-global-supplies.md) | +8.8% | +2.0% |
| BRENT | 2022-05-17 | [Stronger U.S. dollar contributes to higher crude oil prices in international markets -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/41586-stronger-u-s-dollar-contributes-to-higher-crude-oil-prices-in-international.md) | -0.2% | +9.4% |

## Sources

- international.astroawani.com: https://international.astroawani.com/business-news/ringgit-stabilises-continues-uptrend-johari-150246

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