# Ringgit to remain exposed to periods of heightened volatility, says BNM governor | Malaysiakini

> Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus said the ringgit will stay prone to bouts of high volatility given uncertainty about the pace of global and domestic recovery. She noted the currency fell 3.5% against the dollar in the first quarter of 2021, mainly due to dollar strength.

- Date: 2021-05-10 · published 2021-05-10T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/47369-ringgit-to-remain-exposed-to-periods-of-heightened-volatility-says-bnm-governor
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Ringgit volatility affects Malaysian import costs and palm oil export pricing in dollar terms, but has limited direct impact on feed commodity prices.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- staging.malaysiakini.com: https://staging.malaysiakini.com/news/574241-ringgit-to-remain-exposed-to-periods-of-heightened-volatility-says-bnm-governor

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