# Ringgit to fall to RM4.20 against the US dollar next week | Malay Mail

> Analysts expect the ringgit to slide to about RM4.20 against the US dollar in the holiday-shortened week ahead. They cited thin trading and sensitivity to US-China trade talks, with no formal trade deal in sight.

- Date: 2019-05-18 · published 2019-05-18T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/59341-ringgit-to-fall-to-rm4-20-against-the-us-dollar-next-week-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Expected ringgit weakness and continued risk aversion from trade tensions would raise dollar-denominated feed import costs for Malaysian buyers in the short term.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2019/05/18/ringgit-to-fall-to-rm4.20-against-the-us-dollar-next-week/1754160

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