# Ringgit slips versus US dollar | Malay Mail

> The ringgit fell against the US dollar on June 10, closing at 4.1620/1650 from 4.1570/1620 the previous Friday. The decline tracked the yuan after China's central bank governor signaled authorities may tolerate a weaker currency.

- Date: 2019-06-10 · published 2019-06-10T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/58863-ringgit-slips-versus-us-dollar-malay-mail
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A weaker yuan signals Chinese willingness to offset tariffs, which can reduce Chinese import demand for US and Brazilian agricultural products and weigh on regional currencies.

## Read by commodity

- USDCNY: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2022-04-20 | [Ringgit down against US dollar for fourth session as weakening global sentiment prompts risk aversion \| Malay Mail](https://feedsoft.ai/events/42103-ringgit-down-against-us-dollar-for-fourth-session-as-weakening-global-sentiment.md) | +2.5% | +5.4% |
| USDCNY | 2026-03-30 | [Yuan Slips As Oil And The Dollar Stay Strong - Finimize](https://feedsoft.ai/events/20388-yuan-slips-as-oil-and-the-dollar-stay-strong-finimize.md) | -0.4% | -1.1% |
| USDCNY | 2016-11-25 | [Fragile Asian currencies set for weekly losses on rising dollar, US yields - Malaysia Today](https://feedsoft.ai/events/74106-fragile-asian-currencies-set-for-weekly-losses-on-rising-dollar-us-yields.md) | -0.5% | +0.4% |
| USDCNY | 2018-08-01 | [Rupee closes higher against US dollar](https://feedsoft.ai/events/64319-rupee-closes-higher-against-us-dollar.md) | +0.4% | -0.0% |
| USDCNY | 2024-05-08 | [China’s yuan slips as hawkish Fed comments boost dollar - Markets - Business Recorder](https://feedsoft.ai/events/5869-china-s-yuan-slips-as-hawkish-fed-comments-boost-dollar-markets-business.md) | +0.2% | +0.4% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2019/06/10/ringgit-slips-versus-us-dollar/1760821

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