# As Emerging Market Currencies Soar, Here’s One That Still Looks Cheap

> A Wall Street Journal piece says the Malaysian ringgit had risen 2.2% against the dollar in January, trading at about 3.96 per dollar. Its gains over the past year exceeded those of other Asian currencies such as the won, Taiwan dollar and baht.

- Date: 2018-01-18 · published 2018-01-18T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/67249-as-emerging-market-currencies-soar-here-s-one-that-still-looks-cheap
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Investors see the ringgit as undervalued, so further inflows could keep it strong against the dollar. A firmer ringgit raises the cost of Malaysian palm oil in dollar terms.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- wsj.com: https://www.wsj.com/articles/as-emerging-market-currencies-soar-heres-one-that-still-looks-cheap-1516264680

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