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The ringgit closed higher against the US dollar at about 4.0555 on October 30 as traders reassessed the chance of a Fed rate hike. The Fed had held its rate at 3.75-4.00% on October 28, and the dollar index fell 0.32% to 101.710.
The ringgit was mixed against other currencies, weakening against the pound, euro and yen.
A stronger ringgit trims the local cost of dollar-priced feed imports, while shifts in Fed rate expectations drive the dollar index that sets global grain and meal prices.
malaymail.comOct 30, 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.
