# Ringgit opens lower for second straight day | Malay Mail

> The ringgit opened lower for a second day, trading at about 4.200 per dollar. Traders were cautious ahead of US-China trade talks and reacted to a stronger-than-expected US jobs report that lifted the dollar.

- Date: 2020-08-11 · published 2020-08-11T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/51882-ringgit-opens-lower-for-second-straight-day-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A weaker ringgit and firmer dollar raise the local cost of dollar-priced feed imports, while trade-talk uncertainty affects US farm export expectations.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2020/08/11/ringgit-opens-lower-for-second-straight-day/1892823

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