# MYR/USD: Malaysia’s Currency Rally Not Over Yet as Analysts Eye Rate Cuts

> Analysts expect the ringgit to restart its rally toward 4.15 per dollar by the fourth quarter on further central bank easing, with Malayan Banking forecasting 4.10 by December. MUFG expects a 1.5 per cent gain as a US tariff deal boosts Malaysia's export competitiveness. The ringgit is at its strongest level in nearly a year.

- Date: 2025-09-01 · published 2025-09-01T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/23587-myr-usd-malaysia-s-currency-rally-not-over-yet-as-analysts-eye-rate-cuts
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A stronger ringgit raises the ringgit cost of Malaysian palm oil exports, which can support palm oil prices in dollar terms. The forecast reflects expected rate cuts and trade-deal effects rather than a new supply shock.

## Read by commodity

- USDMYR: bearish ▼
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-07-31 | [MYR/USD: Malaysia Ringgit Rebound Set to Accelerate on Fed Rate Cuts, Exports - Bloomberg](https://feedsoft.ai/events/29549-myr-usd-malaysia-ringgit-rebound-set-to-accelerate-on-fed-rate-cuts-exports.md) | -1.9% | +1.5% |
| PALMOIL | 2025-12-01 | [MYR/USD: Malaysia Ringgit Nears Four-Year High as Economy Gains Strength](https://feedsoft.ai/events/22207-myr-usd-malaysia-ringgit-nears-four-year-high-as-economy-gains-strength.md) | +1.9% | -0.1% |
| PALMOIL | 2025-09-30 | [Malaysia currency outlook - FurtherAsia](https://feedsoft.ai/events/23164-malaysia-currency-outlook-furtherasia.md) | +0.3% | +0.4% |
| PALMOIL | 2017-06-29 | [Report: Ringgit strongest currency in Asia \| Malaysiakini](https://feedsoft.ai/events/70757-report-ringgit-strongest-currency-in-asia-malaysiakini.md) | +3.1% | +4.2% |
| PALMOIL | 2023-03-06 | [MYR/USD: Worst for Malaysia Ringgit Seen Over on China Reopening - Bloomberg](https://feedsoft.ai/events/37148-myr-usd-worst-for-malaysia-ringgit-seen-over-on-china-reopening-bloomberg.md) | -5.6% | -9.0% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-08-18/malaysia-s-currency-rally-not-over-yet-as-analysts-eye-rate-cuts

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