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The ringgit closed firmer against the US dollar at MYR 4.0445-4.0490 after Bank Negara Malaysia kept its overnight policy rate at 2.75% at its final policy meeting of the year. The currency gained against several major peers and the Singapore dollar but weakened against the Thai baht, Indonesian rupiah and Philippine peso.
A firmer ringgit makes Malaysian palm oil slightly more expensive for ringgit-based buyers and can weigh on ringgit-priced palm oil futures, though the move is a modest one-session shift with limited direct effect on feed ingredient prices.
theledger.asiaTLA AI EditorNov 5, 2026After 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.
Not 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.
