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The ringgit opened slightly higher against the US dollar at 4.0550/0635, versus 4.0555/0600 at Friday's close. Bank Muamalat's chief economist expects a 25 basis point OPR increase at the Thursday MPC meeting, while consensus expects no change.
The ringgit was also firmer against the pound and the euro.
Expected rate normalisation in Malaysia supports the ringgit, which lowers the local-currency cost of dollar-priced feed imports. The effect on commodity prices is minor.
businesstoday.com.myNov 2, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
