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The ringgit reversed its morning gains and closed weaker against the US dollar on July 31 after the Federal Reserve held its benchmark rate at 4.25-4.50%. The ringgit closed at 4.2650/2730 from 4.2410/2455 the previous day.
Malaysia's 13th Malaysia Plan, tabled the same day, raised development expenditure to RM430 billion from RM400 billion for 2026-2030.
A firmer US dollar on Fed caution against tariff-driven inflation makes dollar-priced feed imports slightly more expensive for Malaysian buyers. The 13MP spending boost is a medium-term domestic growth driver.
malaymail.comJul 31, 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.
