# 'Ringgit may weaken to 4.10 against US dollar by year-end' | Malaysiakini

> FXTM strategist Jameel Ahmad said the ringgit could weaken to 4.10 per dollar by year-end if the trade war escalates. He noted the ringgit has given up most of its 2018 gains as the dollar strengthened on higher US rate expectations and trade tensions.

- Date: 2018-07-10 · published 2018-07-10T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/64298-ringgit-may-weaken-to-4-10-against-us-dollar-by-year-end-malaysiakini
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A weaker ringgit would raise the cost of dollar-priced feed imports for Malaysian buyers, and the outlook depends on how China responds to US tariffs.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- malaysiakini.com: https://www.malaysiakini.com/news/433584

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