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The ringgit opened higher on Feb 24, 2026 at 3.8790/9010, its strongest level since April 2018. Analysts credited Malaysia's macroeconomic data and recent tariff developments, and noted the greenback had dropped below RM3.90 after a US Supreme Court decision.
US-Iran talks scheduled for Feb 26 were also cited as a factor.
A firmer ringgit lowers the local cost of USD-priced imports for Malaysia, a major palm oil exporter. The impact on feed prices is limited and the move is routine.
thestar.com.myThe Star OnlineMar 1, 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.
