# Ringgit rebounds to 4.358 against US dollar | KLSE Screener

> The ringgit opened slightly higher at 4.358 against the dollar after closing at 4.3605 the prior day. The Malaysian currency was described as cautious ahead of the US election and FOMC meeting, with the DXY near 104.3.

- Date: 2024-10-29 · published 2024-10-29T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/28139-ringgit-rebounds-to-4-358-against-us-dollar-klse-screener
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Small currency moves like this have limited direct effect on feed prices, but the elevated dollar index keeps pressure on dollar-denominated commodity prices.

## Read by commodity

- USDMYR: neutral

## Sources

- klsescreener.com: https://www.klsescreener.com/v2/news/view/1416389/ringgit-rebounds-to-4-358-against-us-dollar

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