# Ringgit likely to hold steady against US dollar ahead of Fed decision, forecast RM4.37–RM4.38 | Malay Mail

> Economists expected the ringgit to trade within a narrow range of RM4.37 to RM4.38 per dollar in the coming week, ahead of the US Federal Open Market Committee meeting. The ringgit had risen to its highest level in almost three months after Trump softened his tone on China tariffs.

- Date: 2025-01-26 · published 2025-01-26T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/26771-ringgit-likely-to-hold-steady-against-us-dollar-ahead-of-fed-decision-forecast
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A forecast of a stable ringgit suggests little change in Malaysian input costs for palm oil and feed in the near term.

## Read by commodity

- USDMYR: neutral

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2025/01/26/ringgit-likely-to-hold-steady-against-us-dollar-ahead-of-fed-decision-forecast-rm437rm438/164649

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