# Feb 22: Ringgit slips against US dollar for fourth consecutive day

> The ringgit ended lower against the US dollar at 3.9150/9190, its fourth straight daily decline. A dealer said the dollar rose to a one-week peak against a basket of currencies, extending its recovery. The ringgit was mixed against other major currencies.

- Date: 2018-02-22 · published 2018-02-22T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/66757-feb-22-ringgit-slips-against-us-dollar-for-fourth-consecutive-day
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Because oil is priced in dollars, a firmer greenback raises the cost of fuel imports for Malaysia and other non-dollar buyers. The move is small and mainly reflects currency flows rather than a change in feed supply.

## Read by commodity

- WTI: bearish ▼
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2020-03-27 | [Ringgit extends gains against US dollar in early session \| FMT](https://feedsoft.ai/events/54377-ringgit-extends-gains-against-us-dollar-in-early-session-fmt.md) | +37.1% | -32.8% |
| WTI | 2018-10-18 | [Ringgit snaps 2-day gaining streak to end lower vs US dollar \| FMT](https://feedsoft.ai/events/62789-ringgit-snaps-2-day-gaining-streak-to-end-lower-vs-us-dollar-fmt.md) | -4.3% | -19.3% |
| WTI | 2026-06-01 | [Ringgit ends higher against US dollar on renewed risk appetite](https://feedsoft.ai/events/19535-ringgit-ends-higher-against-us-dollar-on-renewed-risk-appetite.md) | +1.7% | -21.8% |
| WTI | 2022-12-06 | [Ringgit ends lower against US dollar as oil prices decline \| Malay Mail](https://feedsoft.ai/events/38501-ringgit-ends-lower-against-us-dollar-as-oil-prices-decline-malay-mail.md) | -5.0% | -5.3% |
| WTI | 2020-05-28 | [Ringgit eases against USD](https://feedsoft.ai/events/53392-ringgit-eases-against-usd.md) | +13.8% | +15.7% |

## Sources

- nst.com.my: https://www.nst.com.my/business/2018/02/338042/feb-22-ringgit-slips-against-us-dollar-fourth-consecutive-day

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