# Ringgit expected to hover around 4.00 amid oil‑driven inflation fears, hawkish Fed | Malay Mail

> Kenanga expects the ringgit to hover near 4.00 per dollar next week as prolonged West Asia conflict expectations weigh on the currency. Brent holding near US$100 added to US inflation concerns, and a hawkish Fed repricing supported the greenback. Bank Muamalat said Trump's 10-day extension for Iran to reopen the Strait of Hormuz failed to calm crude markets.

- Date: 2026-03-28 · published 2026-03-28T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/20419-ringgit-expected-to-hover-around-4-00-amid-oil-driven-inflation-fears-hawkish
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Oil-driven inflation and Fed repricing keep the dollar firm, lifting import costs for Malaysian feed buyers.

## Read by commodity

- DXY: bullish ▲
- BRENT: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-06-01 | [Ringgit opens lower against US dollar amid feats of accelerating inflation \| Malay Mail](https://feedsoft.ai/events/41235-ringgit-opens-lower-against-us-dollar-amid-feats-of-accelerating-inflation.md) | +0.3% | +2.4% |
| DXY | 2026-08-31 | [Australian Dollar holds firm amid hawkish Fed and RBA expectations](https://feedsoft.ai/events/18149-australian-dollar-holds-firm-amid-hawkish-fed-and-rba-expectations.md) | -0.6% | +1.6% |
| DXY | 2021-06-22 | [Why a hawkish US Fed is reverberating around markets \| The National](https://feedsoft.ai/events/46489-why-a-hawkish-us-fed-is-reverberating-around-markets-the-national.md) | -0.7% | +0.8% |
| DXY | 2026-03-29 | [Hawkish Fed bets, oil shock set to sustain ringgit showing \| The Star](https://feedsoft.ai/events/20418-hawkish-fed-bets-oil-shock-set-to-sustain-ringgit-showing-the-star.md) | -0.2% | -1.8% |
| DXY | 2026-06-01 | [Investors expect US dollar to break higher as Fed battles inflation](https://feedsoft.ai/events/19465-investors-expect-us-dollar-to-break-higher-as-fed-battles-inflation.md) | +1.0% | +1.7% |
| BRENT | 2026-09-08 | [Ringgit ends lower as oil prices rise, Fed decision looms \| Malay Mail](https://feedsoft.ai/events/17731-ringgit-ends-lower-as-oil-prices-rise-fed-decision-looms-malay-mail.md) | +10.4% | +7.7% |
| BRENT | 2020-06-28 | [Research firm expects recovering oil prices to limit ringgit from depreciating \| Malaysiakini](https://feedsoft.ai/events/52884-research-firm-expects-recovering-oil-prices-to-limit-ringgit-from-depreciating.md) | +5.0% | +5.7% |
| BRENT | 2017-12-04 | [Ringgit surges to 4.06 against dollar \| Malay Mail](https://feedsoft.ai/events/67748-ringgit-surges-to-4-06-against-dollar-malay-mail.md) | -0.6% | +4.0% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2026/03/28/ringgit-expected-to-hover-around-400-amid-oildriven-inflation-fears-hawkish-fed/214197

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