# Ringgit rises against US$ on lower US bond yield | The Star

> The ringgit rose against the US dollar on July 22, 2022, from 4.4575 to 4.4510 at the morning session, following lower US bond yields. The move was a routine intraday update.

- Date: 2022-07-22 · published 2022-07-22T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/40755-ringgit-rises-against-us-on-lower-us-bond-yield-the-star
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Short-term ringgit gains on softer US yields have minimal effect on feed prices, though a firmer ringgit slightly reduces Malaysian import costs.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- thestar.com.my: https://thestar.com.my/business/business-news/2022/07/22/ringgit-rises-against-us-on-lower-us-bond-yield

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