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Analysts at iFAST Capital said the ringgit's depreciation against the dollar and Singapore dollar reflects risk-off flows tied to the US-Iran war. They described the ringgit as oversold and expected only 10-20 basis points of further weakness.
They expect the war to persist for a long time, even if a US-Iran agreement is reached.
Currency moves like this shift the local-currency cost of imported feed ingredients for Malaysian buyers. The analyst view suggests limited further depreciation.
thestar.com.myELIM POONMar 30, 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.
