# Malaysia to ramp up support for ringgit as foreign outflows, Fed rate outlook weigh - CNA

> Bank Negara Malaysia said it would step up efforts to support the ringgit, including measures to attract foreign funds and encourage state-linked firms to repatriate overseas earnings. The central bank said the ringgit's more than 4% June decline reflected cautious foreign positioning and expectations of higher US interest rates.

- Date: 2026-06-24 · published 2026-06-24T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/19064-malaysia-to-ramp-up-support-for-ringgit-as-foreign-outflows-fed-rate-outlook
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A stronger ringgit lowers the local-currency cost of imported feed ingredients and can ease pressure on Malaysian palm oil and feed buyers' costs. The policy intervention may temper ringgit weakness, but Fed rate expectations still dominate the outlook.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- channelnewsasia.com: https://www.channelnewsasia.com/business/malaysia-ramp-up-support-ringgit-foreign-outflows-fed-rate-outlook-weigh-6205726

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