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The ringgit opened marginally stronger at 4.0550 per US dollar on Monday, against Friday's close of 4.0555. Bank Muamalat's chief economist expects a quarter-point rate increase, while the market consensus favours an unchanged 2.75 per cent rate ahead of Bank Negara's Thursday meeting.
The split over whether Bank Negara will hike shapes ringgit direction into the policy decision. A hike would support the ringgit and ease the cost of dollar-priced feed imports.
theledger.asiaTLA AI EditorNov 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.
