# Economist: Ringgit may trade at RM4 to US$1 in December | FMT

> A Sunway University economist says the ringgit could reach RM4.00 to the US dollar by December, after it touched RM4.19 in early September. AmBank Research expects an intraday high of RM4.12 to 4.15 at year-end. Both forecasts cite strong trade and GDP growth.

- Date: 2017-09-13 · published 2017-09-13T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/69222-economist-ringgit-may-trade-at-rm4-to-us-1-in-december-fmt
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Expectations for a firmer ringgit lower the local cost of dollar-priced feed ingredients for Malaysian buyers. The effect on global feed prices is small.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/nation/2017/09/13/economist-ringgit-may-trade-at-rm4-to-us1-in-december

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