Malaysia is set to gain from stronger foreign fund inflows, a firmer ringgit and improved demand for its exports after the United States Federal Reserve cut interest rates for the first time this year, experts said.

At 8 am, the local note fell to 4.1943/1988 from Wednesday’s close of 4.1860/1900.

Euro and U.S. dollar banknotes are seen in this illustration taken May 4, 2025.

A view shows oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025.

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The US dollar was steady early on Thursday following its plunge to a 3-1/2-year low.

The ringgit opened firmer against the US dollar on Wednesday, supported by a combination of external factors including expectations of a more accommodative policy stance by the United States (US) Federal Reserve (Fed), said an analyst.

The chloroprene rubber market is projected to grow from USD 1,233.6 million in 2025 to USD 1,934.1 million by 2035, at a CAGR of 4.6%. Linear will dominate with a 32.5% market share, while automobile will lead the application segment with a 26.8% share.