# Capital outflow to remain threat to the ringgit amid trade uncertainty

> The ringgit fell past RM3.92 against the US dollar for the first time since early March as foreign investors sold Malaysian equities. The move followed broader US dollar strength and rising US bond yields.

- Date: 2018-03-19 · published 2018-03-19T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/66270-capital-outflow-to-remain-threat-to-the-ringgit-amid-trade-uncertainty
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A weaker ringgit from equity outflows and dollar strength raises the local-currency cost of Malaysian commodity imports, which can support dollar-based palm oil prices.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2018/03/19/capital-outflow-to-remain-threat-to-the-ringgit-amid-trade-uncertainty/

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