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The ringgit closed higher against the US dollar at 4.0230/0270, from 4.0305/0350 the previous day, ahead of Fed Chair Kevin Warsh's Jackson Hole speech. Analysts expected Warsh to keep policy direction unclear, with no clear change in rates signaled.
A firmer ringgit lowers the cost of ringgit-priced Malaysian palm oil and meal in USD terms, a mildly bearish factor for palm-based feed ingredients. The move is small and mainly reflects dollar sentiment ahead of the Fed.
malaymail.comAug 28, 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.
