# Ringgit opens almost flat against US dollar | Malay Mail

> The ringgit opened almost unchanged against the US dollar on 27 October, trading at 4.1455/1475, as investors stayed on the sidelines. The dealer expected a range of 4.13 to 4.15 ahead of the Budget 2022 tabling on 29 October. Brent crude was about US$86.22 per barrel, down 0.21%.

- Date: 2021-10-27 · published 2021-10-27T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/44833-ringgit-opens-almost-flat-against-us-dollar-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

With no clear driver, the currency is unlikely to move palm oil or feed prices much. Softer crude oil prices are a mild negative for palm oil through biodiesel demand.

## Read by commodity

- USDMYR: neutral

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2021/10/27/ringgit-opens-almost-flat-against-us-dollar6/2016291

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