# Ringgit slips further against US dollar in tandem with regional currencies | Malay Mail

> The ringgit weakened further against the US dollar on April 26, tracking other Asian currencies. The dollar firmed on expectations of higher US interest rates and safe-haven demand after weak US corporate earnings and consumer confidence data.

- Date: 2023-04-26 · published 2023-04-26T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/36678-ringgit-slips-further-against-us-dollar-in-tandem-with-regional-currencies
- 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 raises the local-currency cost of imported feed ingredients for Malaysian buyers. The move reflects broad dollar strength rather than a change in Malaysia-specific supply or demand.

## Read by commodity

- DXY: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-03-30 | [Ringgit, regional currencies end lower vs US dollar as geopolitical tensions persist \| Malay Mail](https://feedsoft.ai/events/20414-ringgit-regional-currencies-end-lower-vs-us-dollar-as-geopolitical-tensions.md) | -0.2% | -1.8% |
| DXY | 2022-10-31 | [Ringgit ends lower against US dollar \| Malay Mail](https://feedsoft.ai/events/39386-ringgit-ends-lower-against-us-dollar-malay-mail.md) | -0.1% | -2.8% |
| DXY | 2025-06-01 | [Ringgit slips against US dollar as US Fed flags inflation worries](https://feedsoft.ai/events/24948-ringgit-slips-against-us-dollar-as-us-fed-flags-inflation-worries.md) | -0.5% | -1.9% |
| DXY | 2018-08-07 | [Ringgit to remain weaker as US dollar strengthens against most currencies \| Borneo Post Online](https://feedsoft.ai/events/63779-ringgit-to-remain-weaker-as-us-dollar-strengthens-against-most-currencies.md) | +1.4% | +1.4% |
| DXY | 2025-05-29 | [Ringgit slips against US Dollar as fed seen delaying rate cuts](https://feedsoft.ai/events/24947-ringgit-slips-against-us-dollar-as-fed-seen-delaying-rate-cuts.md) | -0.8% | -1.9% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2023/04/26/ringgit-slips-further-against-us-dollar-in-tandem-with-regional-currencies/66534

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