# Ringgit may continue to be under pressure against US dollar next week | Malay Mail

> Analysts said the ringgit may stay under pressure against the US dollar next week if US Treasury yields remain elevated. The currency has held within a three-month range of 4.0000 to 4.1000 against the dollar.

- Date: 2021-02-27 · published 2021-02-27T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/48910-ringgit-may-continue-to-be-under-pressure-against-us-dollar-next-week-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Ringgit moves shift the cost of Malaysian palm oil for importers, but this is a short-term outlook rather than a new shock. Its effect on feed prices is limited.

## Read by commodity

- USDMYR: neutral

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2021/02/27/ringgit-may-continue-to-be-under-pressure-against-us-dollar-next-week/1953285

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