# Ringgit retreats to 4.19 against US dollar

> The ringgit retreated to about 4.194 per dollar ahead of Malaysia's Q2 GDP release and US-China trade talks. It was mixed against other major currencies.

- Date: 2020-08-14 · published 2020-08-14T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/51880-ringgit-retreats-to-4-19-against-us-dollar
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Pre-data currency positioning shows the ringgit trading on trade-talk risk, which affects the dollar cost of imported feed ingredients in Malaysia.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- nst.com.my: https://www.nst.com.my/business/2020/08/616495/ringgit-retreats-419-against-us-dollar

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