# Ringgit ends easier against US dollar | Malay Mail

> The ringgit closed weaker against the US dollar on Wednesday ahead of the Federal Open Market Committee announcement, with dealers citing weak local demand. It also fell against the yen, euro, Singapore dollar and pound.

- Date: 2018-09-26 · published 2018-09-26T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/63305-ringgit-ends-easier-against-us-dollar-malay-mail
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Routine currency moves with no new fundamental shift; a weaker ringgit can marginally support Malaysian palm oil export competitiveness.

## Read by commodity

- PALMOIL: neutral

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2018/09/26/ringgit-ends-easier-against-us-dollar17/1676654

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