# Ringgit maintains 4.04 level against US dollar in early trade

> The ringgit traded almost unchanged at 4.0400/0440 against the US dollar on Feb 25 with no clear market catalysts. It was mostly firmer against the yen, pound and euro.

- Date: 2021-02-25 · published 2021-02-25T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/48912-ringgit-maintains-4-04-level-against-us-dollar-in-early-trade
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

With no clear driver, the ringgit has little effect on palm oil or feed prices. The reading is routine.

## Read by commodity

- USDMYR: neutral

## Sources

- nst.com.my: https://www.nst.com.my/business/2021/02/668784/ringgit-maintains-404-level-against-us-dollar-early-trade

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