# Ringgit strengthens against US dollar in early session

> The ringgit traded higher against the US dollar in early trading on June 1, at about 4.607 per dollar, after positive news on US debt limit talks. It was weaker against the yen, euro, pound, Thai baht and Singapore dollar. Analysts expected cautious trading.

- Date: 2023-05-31 · published 2023-05-31T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/36214-ringgit-strengthens-against-us-dollar-in-early-session
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

This is routine intraday currency movement with no new fundamental driver for feed commodities. It has little direct price implication for buyers.

## Sources

- thesun.my: https://thesun.my/news/ringgit-strengthens-against-us-dollar-in-early-session-mf11050158/

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