# Ringgit retreats versus US dollar, analysts eye growth support from 13MP | Malay Mail

> 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.

- Date: 2025-07-31 · published 2025-07-31T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/24028-ringgit-retreats-versus-us-dollar-analysts-eye-growth-support-from-13mp-malay
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

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.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2025/07/31/ringgit-retreats-versus-us-dollar-analysts-eye-growth-support-from-13mp/186002

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