# Ringgit Opens Higher Ahead Of Bank Negara’s OPR Decision

> 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.

- Date: 2026-11-02 · published 2026-11-02T03:10:17.281Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/74701-ringgit-opens-higher-ahead-of-bank-negara-s-opr-decision
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

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.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- businesstoday.com.my: https://www.businesstoday.com.my/2026/11/02/ringgit-opens-higher-ahead-of-bank-negaras-opr-decision/

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