# Singdollar hits 10-month high against MYR; analysts still bullish on ringgit - The Business Times

> The Singapore dollar rose to a 10-month high against the ringgit, reaching RM3.2204 on September 9. Rising US yields and risk-off sentiment pushed investors toward Singapore's currency as a regional safe haven.

- Date: 2026-09-09 · published 2026-09-09T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/17730-singdollar-hits-10-month-high-against-myr-analysts-still-bullish-on-ringgit-the
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

The divergence reflects currency-specific flows and has no direct link to feed commodity supply or demand. A weaker ringgit against the Singdollar marginally raises costs for Malaysian buyers of imported feed.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singdollar-hits-10-month-high-against-myr-analysts-still-bullish-ringgit

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