# BPA Malaysia weekly bond market report 30 July 2017 | Borneo Post Online

> The ringgit bond market was muted in the week to July 28, with the ringgit closing at 4.2800 per dollar. The Fed held rates at its July FOMC meeting and signalled it would begin shrinking its balance sheet relatively soon.

- Date: 2017-07-29 · published 2017-07-29T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/70231-bpa-malaysia-weekly-bond-market-report-30-july-2017-borneo-post-online
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A mildly dovish Fed weakened the dollar, which supports emerging-market currencies such as the ringgit. The report is routine bond-market commentary and does not change feed supply or demand.

## Read by commodity

- DXY: bearish ▼
- USDMYR: neutral

## Sources

- theborneopost.com: https://www.theborneopost.com/2017/07/30/bpa-malaysia-weekly-bond-market-report-30-july-2017/

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