# Malaysian ringgit hits 6-week high ahead of central bank decision

> The ringgit hit a six-week high against the dollar ahead of Bank Negara Malaysia's policy decision, with the central bank widely expected to keep its rate at 3%. Regional currencies and equities were also affected by reports of a possible 10% US tariff on Chinese imports.

- Date: 2025-01-22 · published 2025-01-22T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/26770-malaysian-ringgit-hits-6-week-high-ahead-of-central-bank-decision
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Currency moves tied to US-China tariff risk can shift the cost of Malaysian palm oil and other regional commodities for importers, but the effect on feed prices is limited.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40343961

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