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The ringgit rose to 4.0240/0280 against the dollar from 4.0405/0440, helped by softer US yields before Jackson Hole. Bank Muamalat's chief economist said the odds of a Fed rate hike in September looked low.
A stronger ringgit trims the USD cost of Malaysian palm oil, a small bearish signal for palm-based feed ingredients. The move is driven by rate expectations rather than physical supply.
thestar.com.myThe Star OnlineAug 26, 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.
