# Prestasi ringgit tunggu pengumuman Bajet 2022

> Ringgit is expected to trade in a narrow range of RM4.15 to RM4.16 against the US dollar the following week, as traders wait for the Budget 2022 announcement on 29 October. The ringgit had mostly gained against the dollar in the prior week, supported by higher commodity prices. Malaysia's consumer price index rose 2.2% year on year in September.

- Date: 2021-10-24 · published 2021-10-24T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/44836-prestasi-ringgit-tunggu-pengumuman-bajet-2022
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Currency expectations are stable and driven by the budget event rather than a new supply or demand shock. Higher commodity prices supporting the ringgit modestly favour palm oil price stability in dollar terms.

## Read by commodity

- USDMYR: neutral

## Sources

- bharian.com.my: https://www.bharian.com.my/bisnes/pasaran/2021/10/879509/prestasi-ringgit-tunggu-pengumuman-bajet-2022

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