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The ringgit extended its gains for a seventh straight day on Oct 30, opening at 4.1835/2050 per US dollar after the Federal Reserve's 25bp rate cut. Bank Muamalat's chief economist warned of possible profit-taking near the RM4.20 level and said the Fed's policy path is not set.
A firmer ringgit lowers the ringgit cost of dollar-priced feed imports and can make Malaysian palm oil exports less competitive. The effect on feed prices is small, though.
malaymail.comOct 30, 2025Not 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.
