# Cautious mood to weigh on ringgit next week | Malay Mail

> Analysts expect the ringgit to trade in a cautious mood next week within 4.17 to 4.19 against the dollar. The currency had gained after second-quarter GDP growth of 4.9% beat consensus estimates of 4.7%.

- Date: 2019-08-17 · published 2019-08-17T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/57862-cautious-mood-to-weigh-on-ringgit-next-week-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A stable ringgit in a tight range leaves the local cost of dollar-priced feed imports largely unchanged in the near term.

## Read by commodity

- USDMYR: neutral

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2019/08/17/cautious-mood-to-weigh-on-ringgit-next-week/1781554

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