
The ringgit closed higher against the US dollar at 3.8865/8925 on Feb 26, 2026. USTR Jamieson Greer reportedly said US tariffs on some countries will rise to 15% or more from 10%, without naming partners.
US and Iranian officials were also holding indirect nuclear talks in Geneva.
Higher US tariffs and uncertainty over the Iran talks shift risk sentiment and the dollar, which affects the cost of Malaysian and other Asian currency-denominated trade. For feed buyers, a firmer ringgit makes palm-oil and other Malaysian-linked import costs slightly cheaper.
Not 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.