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The ringgit extended its gains against the US dollar and other major currencies after Bank Negara Malaysia kept the Overnight Policy Rate at 2.75 per cent at its last policy meeting of the year. The local note closed at 4.0445/0490 per dollar, from 4.0610/0660 on Wednesday.
An economist said a 25 basis point hike in 2027 cannot be ruled out.
A firmer ringgit lowers the ringgit cost of dollar-priced feed imports, while a possible 2027 rate hike would support the currency further.
klsescreener.comNov 5, 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.
