# Ringgit climbs past RM4.20 on US Fed rate cut, analysts warn of profit-taking | Malay Mail

> 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.

- Date: 2025-10-30 · published 2025-10-30T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/22682-ringgit-climbs-past-rm4-20-on-us-fed-rate-cut-analysts-warn-of-profit-taking
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

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.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2025/10/30/ringgit-climbs-past-rm420-on-us-fed-rate-cut-analysts-warn-of-profit-taking/196512

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