# Malaysia's Ringgit Strengthens on Rate Normalisation Expectations

> 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.

- Date: 2026-10-29 · published 2026-10-29T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/17299-malaysia-s-ringgit-strengthens-on-rate-normalisation-expectations
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Expectations of Bank Negara rate normalisation can support the ringgit, which lowers the local cost of dollar-denominated feed imports.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- briefasia.com: https://www.briefasia.com/en/article/malaysia-ringgit-strengthens-rate-normalisation-expectations

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