# Ringgit stays range-bound as traders eye Fed decision; IMF ups Malaysia’s 2025 growth forecast | Malay Mail

> The ringgit was little changed on July 30 at 4.2300/2400 as traders awaited the FOMC decision. The US Dollar Index rose to 98.886, and the IMF raised its 2025 growth forecast for Malaysia.

- Date: 2025-07-30 · published 2025-07-30T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/24030-ringgit-stays-range-bound-as-traders-eye-fed-decision-imf-ups-malaysia-s-2025
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of no Fed rate cut in the near term support the dollar and limit ringgit gains, which keeps dollar-priced feed import costs steady for Malaysian buyers.

## Read by commodity

- DXY: bullish ▲
- USDMYR: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-26 | [Ringgit edges lower on upbeat US jobs and GDP data, with traders bracing for more dollar strength \| Malay Mail](https://feedsoft.ai/events/23159-ringgit-edges-lower-on-upbeat-us-jobs-and-gdp-data-with-traders-bracing-for.md) | -0.1% | +0.3% |
| DXY | 2024-10-19 | [Ringgit likely to trade lower after Budget 2025 as US dollar regains strength \| Malay Mail](https://feedsoft.ai/events/28140-ringgit-likely-to-trade-lower-after-budget-2025-as-us-dollar-regains-strength.md) | +0.6% | +2.2% |
| DXY | 2022-10-28 | [Ringgit extends downtrend vs dollar ahead of US fed decision on interest rates next week \| Malay Mail](https://feedsoft.ai/events/39383-ringgit-extends-downtrend-vs-dollar-ahead-of-us-fed-decision-on-interest-rates.md) | +1.2% | -2.4% |
| DXY | 2018-11-21 | [Forecasters See U.S. GDP Growth Easing in 2019 after 2018 Surge \| St. Louis Fed](https://feedsoft.ai/events/61964-forecasters-see-u-s-gdp-growth-easing-in-2019-after-2018-surge-st-louis-fed.md) | +0.5% | -0.2% |
| DXY | 2021-07-28 | [United States Fed Interest Rate Decision meets forecasts (0.25%) — Octa](https://feedsoft.ai/events/46250-united-states-fed-interest-rate-decision-meets-forecasts-0-25-octa.md) | -0.4% | +0.4% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2025/07/30/ringgit-stays-range-bound-as-traders-eye-fed-decision-imf-ups-malaysias-2025-growth-forecast/185732

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