# Ringgit dips toward 3.96 versus dollar as global uncertainty mounts | Malay Mail

> The ringgit opened weaker against the US dollar at about 3.9565/3.9630 per dollar, after the Federal Reserve kept its target range at 3.50-3.75%. Oil prices were firmer, but broad dollar strength and cautious positioning weighed on the currency.

- Date: 2026-04-30 · published 2026-04-30T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/19959-ringgit-dips-toward-3-96-versus-dollar-as-global-uncertainty-mounts-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A weaker ringgit makes Malaysian palm oil and other ringgit-priced exports cheaper in dollar terms, which can support export demand. Firmer crude also lifts palm oil's biodiesel appeal.

## Read by commodity

- USDMYR: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2026-04-30 | [Ringgit closes softer against major currencies on oil volatility, US Fed stance \| Malay Mail](https://feedsoft.ai/events/19960-ringgit-closes-softer-against-major-currencies-on-oil-volatility-us-fed-stance.md) | +0.5% | -1.1% |
| PALMOIL | 2021-09-19 | [Ringgit expected to stabilise against the dollar this week](https://feedsoft.ai/events/45320-ringgit-expected-to-stabilise-against-the-dollar-this-week.md) | +1.0% | +12.6% |
| PALMOIL | 2022-02-18 | [Ringgit opens higher against US dollar on steady commodity prices](https://feedsoft.ai/events/42965-ringgit-opens-higher-against-us-dollar-on-steady-commodity-prices.md) | +2.8% | +10.5% |
| PALMOIL | 2025-04-21 | [Ringgit soars to nearly six-month high due to weak sentiments over US assets \| The Star](https://feedsoft.ai/events/25386-ringgit-soars-to-nearly-six-month-high-due-to-weak-sentiments-over-us-assets.md) | +0.3% | -3.8% |
| PALMOIL | 2019-12-31 | [Ringgit, CPO bounce back, but not equity market](https://feedsoft.ai/events/55828-ringgit-cpo-bounce-back-but-not-equity-market.md) | +6.5% | +3.0% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2026/04/30/ringgit-dips-toward-396-versus-dollar-as-global-uncertainty-mounts/218193

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