# Ringgit Rises Against Dollar Ahead of Central Bank Policy Meeting

> 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%.

- Date: 2026-11-03 · published 2026-11-03T18:10:11.025Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/78114-ringgit-rises-against-dollar-ahead-of-central-bank-policy-meeting
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

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.

## Sources

- connection.com.my: https://www.connection.com.my/ja/articles/news-569cfbbebabc929783c21c18

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