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The ringgit strengthened to RM4.060 per US dollar from RM4.086 the previous Friday, helped by easing AI valuation worries after SK Hynix results. The US Fed kept its benchmark rate at 4%, and the 10-year Treasury yield fell below 5%.
Kenanga Research warned that escalating Middle East tensions could reverse the gains.
A firmer ringgit lowers the local-currency cost of imported feed ingredients for Malaysian buyers, but a Middle East-driven reversal could raise those costs again.
businesstoday.com.myOct 31, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
