# Stronger ringgit, Fed shift could draw capital to Malaysia | The Star

> UOB Kay Hian's Mohd Sedek Jantan said a stronger ringgit boosts Malaysia's import purchasing power and could attract foreign capital. A WSJ report that Trump may soon name the next Fed chair has moved markets, with USD/MYR near 4.225.

- Date: 2025-06-29 · published 2025-06-29T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/24470-stronger-ringgit-fed-shift-could-draw-capital-to-malaysia-the-star
- 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 firmer ringgit and expected shift in US monetary policy point to a weaker dollar, which can support import costs and commodity pricing for Malaysian buyers.

## Read by commodity

- DXY: bearish ▼
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-04-30 | [Stronger ringgit likely in near term](https://feedsoft.ai/events/36677-stronger-ringgit-likely-in-near-term.md) | -0.6% | +1.2% |
| DXY | 2023-07-27 | [Ringgit opens stronger versus US dollar, major currencies](https://feedsoft.ai/events/35323-ringgit-opens-stronger-versus-us-dollar-major-currencies.md) | +1.2% | +1.9% |
| DXY | 2026-01-28 | [Malaysian Ringgit's Strength Shows How Weak USD Can Boost Asia FX \| MarketScreener](https://feedsoft.ai/events/21326-malaysian-ringgit-s-strength-shows-how-weak-usd-can-boost-asia-fx-marketscreener.md) | +0.4% | +0.3% |
| 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 | 2025-09-17 | [Ringgit ends near one-year high vs US$ on Fed cut hopes \| The Star](https://feedsoft.ai/events/23162-ringgit-ends-near-one-year-high-vs-us-on-fed-cut-hopes-the-star.md) | +0.4% | +1.5% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2025/06/29/stronger-ringgit-fed-shift-could-draw-capital-to-malaysia

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