# Ringgit opens higher against US$ on expectations of OPR normalisation

> The ringgit opened higher at 4.0720 per US dollar on Thursday, October 29, from 4.0745 the day before. Analysts attributed the move to expectations of overnight policy rate normalisation at Bank Negara's Monetary Policy Committee meeting the following week. The dollar index fell 0.19% to 102.127 after the Fed held rates at 3.75-4.00%.

- Date: 2026-10-29 · published 2026-10-29T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/17300-ringgit-opens-higher-against-us-on-expectations-of-opr-normalisation
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Expected Malaysian rate normalisation supports the ringgit, reducing the local-currency cost of imported feed ingredients.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- klsescreener.com: https://www.klsescreener.com/v2/news/view/1817817/ringgit-opens-higher-against-us-on-expectations-of-opr-normalisation

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