# Ringgit to trade at 4.10-4.15 versus greenback in 2Q | Borneo Post Online

> FXTM expects the ringgit to trade between 4.10 and 4.15 per US dollar in the second quarter of 2019, barring a major catalyst. Analyst Han Tan cited solid growth, manageable inflation and robust consumption as support for the currency.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/59839-ringgit-to-trade-at-4-10-4-15-versus-greenback-in-2q-borneo-post-online
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A range-bound ringgit gives Malaysian importers stable dollar costs for feed inputs, so the effect on feed prices is limited.

## Read by commodity

- USDMYR: neutral

## Sources

- theborneopost.com: https://www.theborneopost.com/2019/04/26/ringgit-to-trade-at-4-10-4-15-versus-greenback-in-2q/

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