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The Malaysian ringgit strengthened against the US dollar and major currencies ahead of Bank Negara Malaysia's policy meeting later in the week. Bank Muamalat's chief economist expects a 25 basis point rate hike, while the market consensus leans toward holding the benchmark rate at 2.75%.
A firmer ringgit lowers the local-currency cost of imported feed inputs for Malaysian buyers, while a possible rate hike would raise financing costs for feed mills and livestock operators.
connection.com.myNov 3, 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.
