# Ringgit menokok berbanding dolar AS | FMT

> The ringgit opened higher against the US dollar on November 16 at 4.1850/1900, from 4.1900/1950 at Thursday's close. Investors shifted toward the ringgit after Fed Chair Powell expressed concern about the US economic outlook, and traders were also watching Malaysia's third-quarter GDP release that day.

- Date: 2018-11-16 · published 2018-11-16T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/62314-ringgit-menokok-berbanding-dolar-as-fmt
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Improved demand for the ringgit and softer dollar sentiment ease the cost of ringgit-priced imports for Malaysian feed users. The move is small and has little direct effect on commodity prices.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/bahasa/2018/11/16/ringgit-menokok-berbanding-dolar-as

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