# Ringgit weakens from warning that Malaysian bonds might be dropped from global index | The Straits Times

> The ringgit fell 0.6% on April 16 to its weakest since November 2016 after FTSE Russell said it may drop Malaysian debt from its World Government Bond Index over liquidity concerns. Morgan Stanley estimates the exclusion could trigger outflows of about US$8 billion.

- Date: 2019-04-17 · published 2019-04-17T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/59840-ringgit-weakens-from-warning-that-malaysian-bonds-might-be-dropped-from-global
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Potential bond outflows pressure the ringgit and can hit Malaysian palm oil sentiment through currency moves, but the link to feed commodity prices is indirect.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- straitstimes.com: https://www.straitstimes.com/business/economy/ringgit-weakens-from-warning-that-malaysian-bonds-might-be-dropped-from-global

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