# Kemerosotan eksport bakal jejaskan ringgit, kata AmBank Research | DagangNews - Berita Bisnes Anda

> AmBank Research said Malaysia's August exports fell 2.9 percent from July, with declines across major products including electronics and petroleum. The ringgit hit its lowest level since September 9, trading at 4.175 against the dollar.

- Date: 2020-09-29 · published 2020-09-29T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/51359-kemerosotan-eksport-bakal-jejaskan-ringgit-kata-ambank-research-dagangnews
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Weak export data and a softer ringgit raise import costs for Malaysia in dollar terms, which can affect the price of imported feed ingredients. The effect on grain and oilseed prices is indirect.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- dagangnews.com: https://www.dagangnews.com/index.php/article/kemerosotan-eksport-bakal-jejaskan-ringgit-kata-ambank-research-1567

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