# Ringgit Opens Firmer as BNM Rate Debate Returns to Focus

> 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.

- Date: 2026-11-02 · published 2026-11-03T00:10:57.690Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/76437-ringgit-opens-firmer-as-bnm-rate-debate-returns-to-focus
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

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.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- theledger.asia: https://theledger.asia/ringgit-opens-firmer-as-bnm-rate-debate-returns-to-focus/

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