# Revisiting a volatile 2019 for ringgit

> A retrospective review describes the ringgit's volatile 2019, with the currency trading in a 550-point range during November and closing at 4.1335 on December 13. Trade tensions between Washington and Beijing kept the currency sensitive to trade headlines. Malaysia's political succession uncertainty was cited as an additional risk.

- Date: 2019-12-16 · published 2019-12-16T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/55830-revisiting-a-volatile-2019-for-ringgit
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Because Malaysia is export-oriented, trade-headline swings that move the ringgit also affect the local-currency value of palm oil and other commodity exports. Investors should expect continued sensitivity to US-China developments.

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2019/12/16/revisiting-a-volatile-2019-for-ringgit/

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