# Strong US$ a mixed blessing to semiconductor players | Digital News Asia

> Analysts say a strong US dollar combined with a weak ringgit benefits Malaysian semiconductor and technology exporters. The ringgit fell 6.7% against the dollar in 2016, versus 19.3% in 2015, and analysts expect it to average 4.00 to 4.50 per dollar in 2017.

- Date: 2017-02-27 · published 2017-02-27T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/72757-strong-us-a-mixed-blessing-to-semiconductor-players-digital-news-asia
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A firm dollar and weak ringgit raise the ringgit cost of dollar-priced feed ingredients for Malaysian buyers, though the story centres on technology firms rather than agricultural commodities.

## Read by commodity

- DXY: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-28 | [Strong US Dollar Has Southeast Asia Central Banks Defending FX With New Tools - Bloomberg](https://feedsoft.ai/events/34423-strong-us-dollar-has-southeast-asia-central-banks-defending-fx-with-new-tools.md) | +0.5% | +0.8% |
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| DXY | 2024-04-28 | ["Will the Strong Dollar Persist? Limited Possibility of KRW-USD Settling at 1400 Won" - The Asia Business Daily](https://feedsoft.ai/events/30980-will-the-strong-dollar-persist-limited-possibility-of-krw-usd-settling-at-1400.md) | -0.7% | -1.1% |
| DXY | 2024-07-31 | [Strong July Pound Sterling Buying Stalls as Traders Focus on Bank of England \| Currency News UK](https://feedsoft.ai/events/29547-strong-july-pound-sterling-buying-stalls-as-traders-focus-on-bank-of-england.md) | -0.5% | -1.9% |

## Sources

- digitalnewsasia.com: https://www.digitalnewsasia.com/digital-economy/strong-us-mixed-blessing-semiconductor-players

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