Ringgit Opens Higher Ahead Of BNM's Expected OPR Hike

After 86 past neutral macro events, Palm Oil moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +2.0%), and +1.0% over 20.

• Mar 30, 2021Ringgit opens easier against US Dollar-4.0%
• Apr 18, 2025Ringgit eases on lower-than-expected Q1 GDP estimate | FMT+0.3%
• Jun 30, 2025Ringgit closes higher against major currencies | The Star+2.5%
• Sep 28, 2018Ringgit, KLCI down after US interest-rate hike+0.3%
• Nov 30, 2022Ringgit ends higher against US dollar on positive China sentiment | Malay Mail+3.7%

Not enough comparable past events yet for a historical read.

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• May 29, 2026Ringgit opens higher against US$ in improved sentiment | The Star+4.9%
• Sep 18, 2026Ringgit opens higher against US dollar as oil prices ease | The Star-0.3%
• Nov 23, 2018Ringgit opens slightly lower againts USD: 23 Nov-5.4%
• Jun 1, 2025Oil falls as higher OPEC+ output expectations weigh on sentiment+4.9%
• Jun 1, 2026Ringgit ends higher against US dollar on renewed risk appetite+1.3%