# Aug 11: Ringgit opens lower against most major currencies

> The ringgit opened slightly lower against the US dollar on August 11 at 4.2920/2970, ahead of US inflation data. The decline matched other Asian emerging currencies weighed down by US-North Korea tensions, and the ringgit also weakened against the yen, euro and sterling.

- Date: 2017-08-11 · published 2017-08-11T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/69731-aug-11-ringgit-opens-lower-against-most-major-currencies
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A softer ringgit raises the local cost of imported feed inputs in Malaysia, but the move is routine and has little effect on global feed prices.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- nst.com.my: https://www.nst.com.my/business/2017/08/266505/aug-11-ringgit-opens-lower-against-most-major-currencies

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