# Ringgit opens higher against US dollar as uncertainties over Omicron dissipate | Malay Mail

> The ringgit strengthened against the US dollar at Wednesday's opening, rising to 4.2220/2240 from 4.2320/2330, as concern over Omicron eased. Traders noted USD/MYR was testing resistance near 4.2400.

- Date: 2021-12-08 · published 2021-12-08T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/43872-ringgit-opens-higher-against-us-dollar-as-uncertainties-over-omicron-dissipate
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Routine currency moves have a limited effect on feed ingredient prices, so this is a market wrap with no new supply or demand driver.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2021/12/08/ringgit-opens-higher-against-us-dollar-as-uncertainties-over-omicron-dissip/2026846

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