# Ringgit ends higher as US-China resume trade talks | Malay Mail

> The ringgit closed higher against the US dollar on August 30, 2019, at 4.2030/2080 from 4.2150/2200 the previous day. The move followed news that the United States and China were returning to the negotiating table over their tariff dispute.

- Date: 2019-08-30 · published 2019-08-30T12:00:00.000Z
- Category: trade · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/57852-ringgit-ends-higher-as-us-china-resume-trade-talks-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A firmer ringgit on trade-talk optimism signals lower USD/MYR and somewhat better risk sentiment toward Asian currencies, which can ease import costs for Malaysian feed buyers.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2019/08/30/ringgit-ends-higher-as-us-china-resume-trade-talks/1785895

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