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The ringgit opened at 4.0720 per US dollar on October 29, up from 4.0745, ahead of Bank Negara Malaysia's policy meeting in early November. Bank Negara's overnight policy rate is 2.75%, and traders are watching for signs of normalisation.
The dollar index fell 0.19% to 102.127 after the Fed held rates.
Expectations of Bank Negara rate normalisation can support the ringgit, which lowers the local cost of dollar-denominated feed imports.
briefasia.comRajesh K. IyerOct 29, 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.
