# Ringgit opens higher on expectations of OPR normalisation

> The ringgit opened slightly higher against the US dollar at 4.0550/0635 from Friday's close of 4.0555/0600. Traders expected a possible overnight policy rate increase at Bank Negara Malaysia's MPC meeting on Thursday, though market consensus was for the rate to stay at 2.75%. Malaysian GDP grew 5.2% in 2025 and 5.5% in the first nine months of 2026.

- Date: 2026-11-02 · published 2026-11-02T03:10:17.190Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/74699-ringgit-opens-higher-on-expectations-of-opr-normalisation
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A firmer ringgit lowers the ringgit cost of USD-priced feed and soymeal imports for Malaysian buyers. Expectations of tighter policy support the currency but are not expected to shift regional palm oil or feed prices much.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2026/11/02/ringgit-opens-higher-on-expectations-of-opr-normalisation/
- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/business/2026/11/02/ringgit-opens-higher-on-expectations-of-opr-normalisation-2
- thestar.com.my: https://www.thestar.com.my/business/business-news/2026/11/02/ringgit-opens-higher-on-expectations-of-opr-normalisation

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