# Ringgit slightly lower at opening | FMT

> The ringgit opened slightly lower against the US dollar on 8 November, as uncertainty over US-China trade negotiations kept buyers on the sidelines. Dealers said the currency could keep testing the 4.12 level absent a risk-off event.

- Date: 2019-11-08 · published 2019-11-08T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/56344-ringgit-slightly-lower-at-opening-fmt
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A slightly weaker ringgit has only a minor effect on the local cost of dollar-priced feed imports.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/business/2019/11/08/ringgit-slightly-lower-at-opening-3

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