# Foreign flow plunges to negative region after 3 consecutive months

> Malaysian bond market foreign flows turned negative in November, with net outflows of RM3.5 billion as investors reacted to the Fed's hawkish stance. The ringgit weakened to RM4.2265 per dollar over the month, and foreign holdings fell to 14.4% of outstanding bonds.

- Date: 2021-12-15 · published 2021-12-15T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/43873-foreign-flow-plunges-to-negative-region-after-3-consecutive-months
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Capital outflows weakening the ringgit make Malaysian palm oil and other ringgit-priced inputs cheaper in dollar terms, but the effect on feed prices is indirect.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2021/12/16/foreign-flow-plunges-to-negative-region-after-3-consecutive-months/

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