# Don't be too happy yet about ringgit's upturn, warns economist | Malaysiakini

> Economist Shankaran Nambiar of the Malaysian Institute of Economic Research says the ringgit's recovery is not surprising after a long decline. He expects the rally to be checked by exporter impacts, profit-taking and pre-election jitters.

- Date: 2018-01-25 · published 2018-01-25T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/67251-don-t-be-too-happy-yet-about-ringgit-s-upturn-warns-economist-malaysiakini
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A limited ringgit rally means the currency is unlikely to add much further pressure on dollar-priced Malaysian commodity exports. The outlook is mixed, so the price effect is modest.

## Read by commodity

- USDMYR: neutral

## Sources

- malaysiakini.com: https://www.malaysiakini.com/news/409936

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