# Ringgit rises against US dollar on shutdown and rate cut expectations | Daily Express Malaysia - Sabah's Leading News Portal

> The ringgit extended its gains against the US dollar on Wednesday, October 1, opening at 4.1980/2190 from 4.2050/2090 the previous close. Bernama reported that worries about a US shutdown and expectations of lower US interest rates were weighing on the dollar. The ringgit also opened firmer against the yen, pound, euro and most regional currencies.

- Date: 2025-09-30 · published 2025-09-30T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/23160-ringgit-rises-against-us-dollar-on-shutdown-and-rate-cut-expectations-daily
- 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 stronger ringgit trims the local cost of imported feed ingredients priced in dollars. Feed buyers in Malaysia may see slightly lower landed costs, though the currency move is driven by US policy expectations.

## Read by commodity

- DXY: bearish ▼
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-02-25 | [U.S. dollar falls as expectations of a Fed rate cut rise \| Financial Post](https://feedsoft.ai/events/54775-u-s-dollar-falls-as-expectations-of-a-fed-rate-cut-rise-financial-post.md) | -0.5% | +7.4% |
| DXY | 2020-11-09 | [Ringgit surges against US dollar at close \| Malay Mail](https://feedsoft.ai/events/50409-ringgit-surges-against-us-dollar-at-close-malay-mail.md) | -0.1% | -1.7% |
| DXY | 2025-07-02 | [U.S. dollar to stay under pressure from tariff, debt and rate cut expectations](https://feedsoft.ai/events/23958-u-s-dollar-to-stay-under-pressure-from-tariff-debt-and-rate-cut-expectations.md) | +0.3% | +1.7% |
| DXY | 2024-08-26 | [Ringgit still strong at close of trading today, 4.34 against the US dollar, thanks to rate cut forecast \| Malay Mail](https://feedsoft.ai/events/29073-ringgit-still-strong-at-close-of-trading-today-4-34-against-the-us-dollar.md) | +0.7% | -0.0% |
| DXY | 2025-11-28 | [Dollar Finishes Lower and Gold Rallies on Fed Rate Cut Expectations](https://feedsoft.ai/events/21879-dollar-finishes-lower-and-gold-rallies-on-fed-rate-cut-expectations.md) | -0.5% | -1.5% |

## Sources

- dailyexpress.com.my: https://www.dailyexpress.com.my/news/267592/ringgit-rises-against-us-dollar-on-shutdown-and-rate-cut-expectations/

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