# COMMENT-Trump win weighs heavily on the Malaysian ringgit

> The Malaysian ringgit has fallen about 3.6% against the dollar since Donald Trump's 6 November election win. The dollar index reached a 2024 high of 106.77 as the Trump trade extended. Analysts flagged proposed US tariffs on Malaysian and Chinese goods as a major risk to Malaysia's trade-dependent economy.

- Date: 2024-11-15 · published 2024-11-15T12:00:00.000Z
- Category: trade · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/27685-comment-trump-win-weighs-heavily-on-the-malaysian-ringgit
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker ringgit and expected trade headwinds raise Malaysia's import costs and could reduce demand for regional commodity exports, pressuring palm oil and feed-related prices.

## Read by commodity

- DXY: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-06-29 | [Ringgit dibuka rendah berbanding dolar AS - Utusan Malaysia](https://feedsoft.ai/events/64767-ringgit-dibuka-rendah-berbanding-dolar-as-utusan-malaysia.md) | -1.1% | -0.9% |
| DXY | 2025-02-28 | [Bali trippers can thank Trump as rupiah hits 5-year low on tariffs, Prabowo plans - The Business Times](https://feedsoft.ai/events/26358-bali-trippers-can-thank-trump-as-rupiah-hits-5-year-low-on-tariffs-prabowo.md) | -1.5% | -1.3% |
| DXY | 2024-11-26 | [Morning Bid: Trump tariff threat jolts Canadian dollar, peso, yuan \| Reuters](https://feedsoft.ai/events/27607-morning-bid-trump-tariff-threat-jolts-canadian-dollar-peso-yuan-reuters.md) | -0.0% | +1.1% |
| DXY | 2019-09-27 | [Sell the South African Rand, says Bank of America, an October Rally is Not Coming](https://feedsoft.ai/events/57361-sell-the-south-african-rand-says-bank-of-america-an-october-rally-is-not-coming.md) | -0.1% | -1.4% |
| DXY | 2024-11-26 | [Trump tariff vow hits Mexican and Canadian currencies, yen firm \| Reuters](https://feedsoft.ai/events/27632-trump-tariff-vow-hits-mexican-and-canadian-currencies-yen-firm-reuters.md) | -0.0% | +1.1% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2024:newsml_L6N3MM00M:0-comment-trump-win-weighs-heavily-on-the-malaysian-ringgit/

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