# Ringgit falls against US dollar at close

> The ringgit ended lower against the dollar for a third straight day at 4.1700/1740 ahead of a Bank Negara Malaysia policy meeting. Brent crude rose 1.38 percent to $40.33 per barrel.

- Date: 2020-09-09 · published 2020-09-09T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/51360-ringgit-falls-against-us-dollar-at-close
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Currency weakness raises the local cost of dollar-priced feed imports. Higher crude prices can support palm oil through biodiesel economics, but the effect is modest here.

## Read by commodity

- BRENT: bullish ▲
- USDMYR: bullish ▲

## Sources

- nst.com.my: https://www.nst.com.my/business/2020/09/623250/ringgit-falls-against-us-dollar-close

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