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The ringgit closed at 4.0425/0470 against the dollar, up from 4.0565/0610 on Wednesday, as US national debt passed $40 trillion for the first time. Analyst Afzanizam Abdul Rashid said direct US Treasury intervention to restrain long-term yields, with the 30-year near 5.22%, weighed on the greenback.
Ringgit strength lowers the USD cost of Malaysian palm oil, a mildly bearish factor for palm-based feed ingredients. Intervention in US Treasuries that affects the dollar could also shift USD-denominated feed import costs.
beta.malaymail.comAug 20, 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.
