# Ringgit weakens against US dollar on US rate hike concerns

> The ringgit edged lower against the US dollar amid concern that the Federal Reserve could still raise interest rates next year. It also weakened against the Singapore dollar, yen and euro, while gaining against the pound.

- Date: 2026-11-07 · published 2026-11-07T15:10:13.132Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/86152-ringgit-weakens-against-us-dollar-on-us-rate-hike-concerns
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Expectations of higher US rates can support the dollar and weaken the ringgit, increasing the local-currency cost of imported feed ingredients. The reported move was modest, so the direct price impact is limited.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/article/ringgit-weakens-against-us-dollar-us-rate-hike-concerns

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