# Ringgit a casualty of Singapore’s surprise monetary stance

> The ringgit fell to a record low against the Singapore dollar, at about RM2.73 intra-week, after the Monetary Authority of Singapore held back easing. Bank Negara reportedly sold Singapore dollars to support the ringgit. The ringgit then recovered later in the week.

- Date: 2026-11-01 · published 2026-11-01T06:11:19.906Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/4293-ringgit-a-casualty-of-singapore-s-surprise-monetary-stance
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

The move is a cross-rate between two regional currencies rather than a dollar-based price, so it has little direct effect on feed commodity prices. It mainly signals regional currency volatility.

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/article/ringgit-casualty-singapore%E2%80%99s-surprise-monetary-stance

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