# Ringgit up against greenback on softer US yields ahead of Jackson Hole meeting | The Star

> 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.

- Date: 2026-08-26 · published 2026-08-26T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/18155-ringgit-up-against-greenback-on-softer-us-yields-ahead-of-jackson-hole-meeting
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

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.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2026/08/26/ringgit-up-against-greenback-on-softerus-yieldsahead-of-jackson-hole-meeting

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