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The ringgit fell to 4.0405/0440 from 4.0365/0405 as traders weighed US Treasury Secretary Scott Bessent's threatened economic campaign against Iran and instability in the long end of the US Treasury curve. Analysts described the move as cautious consolidation rather than a meaningful decline.
A weaker ringgit raises the USD cost of Malaysian palm oil, a mildly bullish factor for palm-based feed ingredients. Geopolitical risk around Iran adds to energy-linked volatility that could feed through to vegetable oil prices.
malaymail.comAug 24, 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.
