# Ringgit ends higher against US dollar on US government shutdown fears | The Star

> The ringgit closed higher against the US dollar on Monday, September 29, as concerns over a possible US government shutdown weighed on the greenback. Traders noted that a shutdown could limit federal services and expected a funding deal before the October 1 fiscal year start. The ringgit was mixed to lower against a basket of major currencies at the close.

- Date: 2025-09-29 · published 2025-09-29T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/23158-ringgit-ends-higher-against-us-dollar-on-us-government-shutdown-fears-the-star
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer ringgit lowers the ringgit cost of dollar-priced imports such as feed ingredients and raises the ringgit value of palm oil exports, which can ease local feed costs. The move is driven by US fiscal and Fed-rate expectations rather than a change in commodity supply.

## Read by commodity

- DXY: bearish ▼
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-12-14 | [Ringgit ends higher against US dollar on softer US CPI data](https://feedsoft.ai/events/38498-ringgit-ends-higher-against-us-dollar-on-softer-us-cpi-data.md) | +0.2% | -2.0% |
| DXY | 2023-04-28 | [Ringgit Opens Higher Against US dollar](https://feedsoft.ai/events/36679-ringgit-opens-higher-against-us-dollar.md) | -0.3% | +1.2% |
| DXY | 2025-09-17 | [BernamaBiz - Ringgit Opens Higher Against Us Dollar On Softer Fed Outlook](https://feedsoft.ai/events/23163-bernamabiz-ringgit-opens-higher-against-us-dollar-on-softer-fed-outlook.md) | +0.4% | +1.5% |
| DXY | 2025-09-17 | [Ringgit ends near one-year high vs US$ on Fed cut hopes \| The Star](https://feedsoft.ai/events/23162-ringgit-ends-near-one-year-high-vs-us-on-fed-cut-hopes-the-star.md) | +0.4% | +1.5% |
| DXY | 2019-11-12 | [Ringgit opens higher against US dollar on American bond yield concerns](https://feedsoft.ai/events/56339-ringgit-opens-higher-against-us-dollar-on-american-bond-yield-concerns.md) | +0.0% | -0.1% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2025/09/29/ringgit-ends-higher-against-us-dollar-on-us-government-shutdown-fears

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