# Ringgit ends lower against US dollar | FMT

> The ringgit ended lower against the US dollar at 4.1920/1960 on November 13, extending its losses. The US dollar reached its highest level since June 2017, and investors were pricing in a Fed rate hike the following month as capital left emerging markets.

- Date: 2018-11-13 · published 2018-11-13T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/62311-ringgit-ends-lower-against-us-dollar-fmt
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and capital outflows from emerging markets raise the local-currency cost of imports and can weigh on Asian feed buying power. The impact on grain and oilseed prices is modest.

## Read by commodity

- DXY: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-31 | [Ringgit ends lower against US dollar \| Malay Mail](https://feedsoft.ai/events/39386-ringgit-ends-lower-against-us-dollar-malay-mail.md) | -0.1% | -2.8% |
| DXY | 2021-03-30 | [Ringgit ends lower on firmer US dollar \| Malay Mail](https://feedsoft.ai/events/48386-ringgit-ends-lower-on-firmer-us-dollar-malay-mail.md) | -0.5% | -1.9% |
| DXY | 2023-08-23 | [Ringgit ends lower against US dollar on economic uncertainties \| Malay Mail](https://feedsoft.ai/events/34848-ringgit-ends-lower-against-us-dollar-on-economic-uncertainties-malay-mail.md) | -0.1% | +0.5% |
| DXY | 2023-12-11 | [Ringgit opens on softer note against US dollar \| Scoop](https://feedsoft.ai/events/32989-ringgit-opens-on-softer-note-against-us-dollar-scoop.md) | -0.8% | -0.9% |
| DXY | 2018-09-13 | [Expect US dollar to continue rising against ringgit, say economists \| FMT](https://feedsoft.ai/events/63307-expect-us-dollar-to-continue-rising-against-ringgit-say-economists-fmt.md) | -0.5% | +0.2% |

## Sources

- fmtv5.freemalaysiatoday.com: https://fmtv5.freemalaysiatoday.com/category/business/2018/11/13/ringgit-ends-lower-against-us-dollar-5

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