# Ringgit dibuka tinggi berbanding dolar AS | Malaysiakini

> The ringgit opened higher against the US dollar on the final trading day of 2018, supported by equity inflows from international investors converting currency. Traders were awaiting November producer price and money supply data.

- Date: 2018-12-31 · published 2018-12-31T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/61800-ringgit-dibuka-tinggi-berbanding-dolar-as-malaysiakini
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A firmer ringgit modestly raises the dollar cost of Malaysian palm oil, a minor supportive factor for palm-based feed ingredients.

## Read by commodity

- USDMYR: bearish ▼
- PALMOIL: bullish ▲

## Sources

- malaysiakini.com: https://www.malaysiakini.com/news/458295

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