# Gainers and losers of the stronger ringgit

> The Malaysian Reserve examines which companies gain or lose from the stronger ringgit. Firms with dollar-denominated debt benefit, while exporters lose cost competitiveness and overseas earners see lower converted profits.

- Date: 2018-01-19 · published 2018-01-19T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/67254-gainers-and-losers-of-the-stronger-ringgit
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A stronger ringgit reduces the ringgit value of dollar-priced exports, including palm oil and plantation products. That can weigh on the margins of Malaysian producers.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2018/01/19/gainers-losers-stronger-ringgit/

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