# Ringgit likely to trade lower after Budget 2025 as US dollar regains strength | Malay Mail

> Analysts expect the ringgit to trade lower after Malaysia's Budget 2025 reaffirmed a deficit target of 3.8% of GDP for 2025. The ringgit was weighed down during the week by a strong US dollar as the Fed signaled caution on rate cuts.

- Date: 2024-10-19 · published 2024-10-19T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/28140-ringgit-likely-to-trade-lower-after-budget-2025-as-us-dollar-regains-strength
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Budget discipline supports the ringgit only modestly, and a firm dollar keeps Asian currency pressure in place, which affects the cost of imported feed inputs for regional buyers.

## Read by commodity

- DXY: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-31 | [Ringgit ends lower against US dollar \| Malay Mail](https://feedsoft.ai/events/39386-ringgit-ends-lower-against-us-dollar-malay-mail.md) | -0.1% | -2.8% |
| 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 | 2019-07-31 | [Ringgit ends marginally lower as trade war returns to focus \| Malay Mail](https://feedsoft.ai/events/58343-ringgit-ends-marginally-lower-as-trade-war-returns-to-focus-malay-mail.md) | +0.9% | +1.8% |
| DXY | 2021-03-30 | [Ringgit ends lower on firmer US dollar \| Malay Mail](https://feedsoft.ai/events/48386-ringgit-ends-lower-on-firmer-us-dollar-malay-mail.md) | -0.5% | -1.9% |
| DXY | 2023-08-23 | [Ringgit ends lower against US dollar on economic uncertainties \| Malay Mail](https://feedsoft.ai/events/34848-ringgit-ends-lower-against-us-dollar-on-economic-uncertainties-malay-mail.md) | -0.1% | +0.5% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2024/10/19/ringgit-likely-to-trade-lower-after-budget-2025-as-us-dollar-regains-strength/154154

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