# Lead Story: Contagion risks weigh on ringgit

> Emerging-market currencies sold off on fears of a trade war and a strong US dollar, with the Turkish lira, Argentine peso, rupiah, rand and ringgit all weakening. Indonesia is planning import tax increases on 1,147 goods to support the rupiah.

- Date: 2026-11-01 · published 2026-11-01T12:09:35.458Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/8905-lead-story-contagion-risks-weigh-on-ringgit
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Broad emerging-market currency weakness raises import costs in those economies and can reduce demand for feed imports. Indonesia's import tax plan could also disrupt trade flows for agricultural goods.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/article/lead-story-contagion-risks-weigh-ringgit

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