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Bank Negara Malaysia said it would step up efforts to support the ringgit, including attracting foreign capital and encouraging government-linked companies to repatriate overseas earnings. The ringgit had fallen more than 4% against the dollar in June to a seven-month low, which the central bank attributed to cautious foreign positioning and US rate hike expectations.
Official support may slow ringgit depreciation, easing the cost of dollar-denominated feed and oilseed imports for Malaysia. The pace of Fed hike expectations will determine whether the support holds.
nst.com.myJun 25, 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.
