# RM opens at 4.12 against USD

> The ringgit opened at 4.1220/1270 per US dollar on April 6, extending its gains for a second day as US Treasury yields fell. Crude oil was trading near US$62.66 per barrel, which the analyst said limited the ringgit's upside.

- Date: 2021-04-07 · published 2021-04-07T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/47867-rm-opens-at-4-12-against-usd
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

This is routine currency commentary with no new supply or demand driver for feed ingredients.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- nst.com.my: https://www.nst.com.my/business/2021/04/680274/rm-opens-412-against-usd

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