# Ringgit Eases Slightly On Expectations Of Higher US Rates -- MOF

> Malaysia's Finance Ministry said the ringgit had weakened 2.1% against the US dollar as of June 22 on expectations that US rates will stay elevated. Officials attributed the pressure to Fed policy expectations and the West Asia conflict, while noting that domestic fundamentals remained strong.

- Date: 2026-06-24 · published 2026-06-24T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/19066-ringgit-eases-slightly-on-expectations-of-higher-us-rates-mof
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Sustained ringgit weakness raises the local cost of dollar-priced feed and oilseed imports and can affect Malaysian palm oil economics. The policy commentary signals that official support for the currency may continue.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- mof.gov.my: https://www.mof.gov.my/portal/en/news/press-citations/ringgit-eases-slightly-on-expectations-of-higher-us-rates-mof

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