# Ringgit ends lower on firmer US dollar | Malay Mail

> The ringgit closed lower against the US dollar at 4.1490/1530 on March 30, as rising US Treasury yields strengthened the greenback and pressured emerging currencies. Malaysia's removal from the FTSE Russell Watch List and retained index membership gave limited support.

- Date: 2021-03-30 · published 2021-03-30T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/48386-ringgit-ends-lower-on-firmer-us-dollar-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker ringgit raises the cost of Malaysian-sourced palm oil and other ringgit-priced inputs in USD terms, and firmer US yields tend to weigh on commodities priced in dollars.

## Read by commodity

- DXY: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-31 | [Ringgit ends lower against US dollar \| Malay Mail](https://feedsoft.ai/events/39386-ringgit-ends-lower-against-us-dollar-malay-mail.md) | -0.1% | -2.8% |
| DXY | 2023-08-23 | [Ringgit ends lower against US dollar on economic uncertainties \| Malay Mail](https://feedsoft.ai/events/34848-ringgit-ends-lower-against-us-dollar-on-economic-uncertainties-malay-mail.md) | -0.1% | +0.5% |
| DXY | 2018-11-13 | [Ringgit ends lower against US dollar \| FMT](https://feedsoft.ai/events/62311-ringgit-ends-lower-against-us-dollar-fmt.md) | -0.4% | -0.2% |
| DXY | 2019-05-30 | [Ringgit opens lower on worsening US-China trade war \| Malay Mail](https://feedsoft.ai/events/59335-ringgit-opens-lower-on-worsening-us-china-trade-war-malay-mail.md) | -0.4% | -1.7% |
| DXY | 2022-06-01 | [Ringgit opens lower against US dollar amid feats of accelerating inflation \| Malay Mail](https://feedsoft.ai/events/41235-ringgit-opens-lower-against-us-dollar-amid-feats-of-accelerating-inflation.md) | +0.3% | +2.4% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2021/03/30/ringgit-ends-lower-on-firmer-us-dollar1/1962414

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